At present, the 4-hour market has turned bearish, and there is no rising signal. At present, we should pay attention to whether this is a large-scale adjustment at a high level or a shock decline adjustment. Although gold has formed a top in the big cycle, once this adjustment turns into a shock decline and eventually loses the strong support of the 2882-2860 area, the nature of the adjustment may change.
The intraday market is still dominated by the range market. After yesterday's plunge, today's rebound was under pressure near 2930 and then weakened again. The short-term trend is weak. The short-term focus on the upper side is 2930-2940 resistance, and the short-term focus on the lower side is 2882-2860 support. It is necessary to control the position and stop loss, and do not resist the order. The specific trading signal is subject to real-time.
XAUUSD XAUUSD 
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The intraday market is still dominated by the range market. After yesterday's plunge, today's rebound was under pressure near 2930 and then weakened again. The short-term trend is weak. The short-term focus on the upper side is 2930-2940 resistance, and the short-term focus on the lower side is 2882-2860 support. It is necessary to control the position and stop loss, and do not resist the order. The specific trading signal is subject to real-time.
XAUUSD XAUUSD BTCUSD BTCUSD 
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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.