Updated

Gold achieves V-shaped reversal as expected

📊The weekly level maintains an upward channel, the daily EMA5 (2892) and EMA10 (2885) form a bullish arrangement, and the MACD indicator continues to be blunt above the zero axis. The 4-hour chart shows a top divergence correction, but it has not effectively fallen below the upward trend line. The V-shaped reversal forms a classic short trap (the trading volume is enlarged to 120% of the monthly average)

🔴Upper resistance level: 2908-2912

🟢Lower support level: 2875-2880

✅Trading strategy: sell high and buy low in the volatile range 2880-2908

Trade active

🔶GOLD SELL: 2925-2928
🔰TP1: 2915
🔰TP2: 2905
🔰TP3: 2890 OPEN~

🔶GOLD BUY: 2888-2890
🔰TP1: 2905
🔰TP2: 2915
🔰TP3: 2925 OPEN~

GoldMasterTraderX

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✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
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GoldMasterTraderX

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