The 3100 mark has become the focus, has the short trend emerged?
Bros, gold has fallen below 3120 in the evening. At this time, we need to be alert to the risk of gold retreating to 3100. In addition to the tariffs to be announced tomorrow, there are also ADP and non-farm data this week, which we need to be careful about. From the hourly chart, I think gold is currently in a head and shoulders formation, with the shoulder at around 3128, the head at 3149, and the 3100 mark as the neckline. Once it falls below the 3100 integer mark, then it will fall back and focus on the vicinity of 3070! If the daily line closes below 3123 today, then tomorrow's rebound near 3128 is a short position, and the target is below 3070.
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XAUUSD XAUUSD XAUUSD GOLD
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
XAUUSD XAUUSD XAUUSD GOLD Trade active
I hope brothers have seized the opportunity of short sellingMany friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
Trade closed: target reached
Bros, the forward-looking vision can help us get more profits. The lowest price of gold reached around 3054.Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.