In today's Asian session, gold rose slightly after opening and then turned down, falling to a low of $3204/ounce before rebounding, and consolidating in a narrow range of 3210-3220. After entering the European session, gold strengthened, reaching a high of around $3239. Technically, the 2-hour MACD indicator formed a golden cross, and the gold price has stabilized on the middle track on the 3-hour chart, but the 2-hour Bollinger band opening narrowed, indicating that the price fluctuation space is limited. Based on the current trend, it is recommended to adopt a buy on dip strategy.
Operation strategy:
Gold is recommended to buy near 3225 when it falls back, with a stop loss at 3202, and a target of 3235-3245. Hold if it breaks.
Operation strategy:
Gold is recommended to buy near 3225 when it falls back, with a stop loss at 3202, and a target of 3235-3245. Hold if it breaks.
t.me/+WYSalPEhDtljZDNk
100% accurate trading signals
Free trading strategies
100% accurate trading signals
Free trading strategies
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.
t.me/+WYSalPEhDtljZDNk
100% accurate trading signals
Free trading strategies
100% accurate trading signals
Free trading strategies
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.