Today I judged in the channel that as long as gold does not fall below 1883, there will be a chance of a rebound.
Gold was suppressed by the daily line today, rising first and then falling, but it can be seen that gold has an upward demand at this point. As long as gold does not fall below 1883 tomorrow, it can be judged that gold has been supported in the short term. If it falls below 1880, then gold will continue to fall.
So I give the following trading strategy in the channel:
Gold:buy 1883-1885 TP1890-1898 sl:1878
If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
Note
Continue to riseNote
Same as I expectedNote
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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.