From the perspective of gold 1-hour level, the gold price is running sideways above 2978 and is currently in a strong bull correction.On the whole, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds.
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when gold rebounds to around 3004-3008, stop loss 8 points, target around 2995-2990, break to see 2985.
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when gold pulls back to around 2982-2985, stop loss 8 points, target around 2995-3000, break to see 3005;
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.
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.