The hourly moving average of gold has begun to turn downward, and the strength of gold bulls has been suppressed. After the US market rose last night, gold fell as expected, hitting the highest point of 3369. We also notified that short orders can be entered at the 3360-65 line in the real market, and profit can be taken at the 3340 line. However, if gold rebounds too much, then gold will still fluctuate in a large range. However, if gold rebounds and does not even break through the 3336-40 line, then the strength of gold bulls will not be strong, and gold may enter a short trend. The US gold rebound is under pressure from the 3336-40 line. Continue to short at highs.
From the 4-hour analysis, the support below is around 3280. If it does not break, continue to be bullish. Pay attention to the short-term suppression of 3334-40 above. The daily level maintains a high-altitude and low-multiple rhythm. I will remind you of the specific operation strategy during the trading session. Please pay attention to it in time.
Gold operation strategy:
1. Short gold rebounds at 3334-40, and short at 3358-65. Stop loss at 3373, target 3300-3308, and continue to hold if it breaks
From the 4-hour analysis, the support below is around 3280. If it does not break, continue to be bullish. Pay attention to the short-term suppression of 3334-40 above. The daily level maintains a high-altitude and low-multiple rhythm. I will remind you of the specific operation strategy during the trading session. Please pay attention to it in time.
Gold operation strategy:
1. Short gold rebounds at 3334-40, and short at 3358-65. Stop loss at 3373, target 3300-3308, and continue to hold if it breaks
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The passage to the door of wealth
Welcome to join us and make profits together
t.me/+fkCVmo8SFiJkMDZk
Welcome to join us and make profits together
t.me/+fkCVmo8SFiJkMDZk
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.