https://www.tradingview.com/x/W2cgXeij/
📊Technical aspects
Gold's 1-hour moving average begins to flatten and turn, so gold may start to fluctuate. In fact, after the last breakout of the box-shaped oscillation, gold may start to build a new box-shaped oscillation, and it is still at a high level of oscillation, so you can continue to short at high levels. In addition, gold has already formed a double-top structure in one hour. If it cannot break through, then gold is likely to fall under pressure from the double top.
The market is changing rapidly, pay attention to the current market. If gold can strongly break through the previous high in the US market, then the volume of gold bulls may restart.
💰 Strategy Package
Short Position：3345-3350
📊Technical aspects
Gold's 1-hour moving average begins to flatten and turn, so gold may start to fluctuate. In fact, after the last breakout of the box-shaped oscillation, gold may start to build a new box-shaped oscillation, and it is still at a high level of oscillation, so you can continue to short at high levels. In addition, gold has already formed a double-top structure in one hour. If it cannot break through, then gold is likely to fall under pressure from the double top.
The market is changing rapidly, pay attention to the current market. If gold can strongly break through the previous high in the US market, then the volume of gold bulls may restart.
💰 Strategy Package
Short Position：3345-3350
Every opening of a position is a dialogue with probability, and every transaction is the realization of cognition.
Related publications
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.
Every opening of a position is a dialogue with probability, and every transaction is the realization of cognition.
Related publications
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.