From the perspective of 4 hours, gold has fallen below the previous low of 3295, and will continue to fall. There are two support positions below, namely 3277 and 3263. Don't expect a big rebound before going short in the negative market. If the rebound is large, it will not fall. This kind of negative decline is generally judged by the 15-minute and 30-minute patterns. When resistance appears in the big cycle, the market has actually fallen a lot. Today, I think the pressure is mainly in the 3300 and 3310 areas. 3310 can be considered as the pressure of top and bottom conversion. Pay attention to 3377 and 3363 below. If you consider more, it may be at a relatively extreme position of 3363. For the time being, the general direction is mainly short. On the whole, Charlie recommends rebounding shorting as the main strategy for gold short-term operation next week, supplemented by callback longing. The upper short-term focus is on the 3290-3300 line of resistance, and the lower short-term focus is on the 3250-3240 line of support.
Trading is risky, please control it reasonably. Charlie will share more trading experience. Stay tuned.
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD XAUUSD
Trading is risky, please control it reasonably. Charlie will share more trading experience. Stay tuned.
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD XAUUSD Trade active
Once again, I made a profit of 18 points. If you are at a loss about the recent market or have a position, you can add Charlie to get strategy guidance. Finally, I wish you all a happy trading.Note
Once again, I made a profit of 18 points. If you are at a loss about the recent market or have a position, you can add Charlie to get strategy guidance. Finally, I wish you all a happy trading.
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Senior Market Strategy Analyst | CFA® Charterholder | Builder of a Million Member Profit System. To join, please click 👉🚀🚀t.me/EagleEyePrecisionAnalysis
👉：t.me/Eagle_PreciseAnalysis
👉：t.me/Eagle_PreciseAnalysis
Disclaimer
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.