Will gold fall after a strong rise Goldmarket analysis reference
Analysis of gold market trend: Today's gold is still fluctuating greatly under the influence of tariffs. Today, we have analyzed that gold has the risk of callback, and long positions are also falling back to lows! Trend realization analysis and ideas! From the surge on Wednesday, it can be seen that the risk aversion sentiment of gold has heated up again. The current highest is 3132, which is the first target point for the rise. If it continues to rise, it can see 3150 above, so there is still a lot of room above. Everyone should pay attention to trading with the trend as much as possible. In addition, there is another uncertain factor today. The US market will release CPI data, which will also bring abnormal fluctuations in gold. Therefore, the market will also fluctuate greatly today. Everyone should pay attention to controlling risks and managing positions well.
From a technical point of view, a positive line on the daily line directly changed the extremely weak adjustment state in the previous period. Now the positive line breaks the middle track of Bollinger and pulls up the moving average. Then, gold has entered an extremely strong state of bullish trend. In this state, it will continue to rise to the previous high of 3150. Therefore, the main direction today is definitely bullish. It is normal for the small cycle to adjust under the pressure of 3100. Now the Bollinger of the 4-hour cycle has just opened, and the unilateral trend has just taken the first wave of strength. There is no problem in the next wave to rise to the high point of the daily cycle. Therefore, as long as the 4-hour cycle falls back to the support of the unilateral moving average, it is an opportunity to do more. The support below is around 3070, and the rise of the hourly cycle is around 3060. Therefore, today's gold bullishness is expected to consider 3080 or 3070. The rise in the Asian and European sessions is still at 3130. If the US session breaks through 3136, consider seeing the high point of 3150. On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The upper short-term focus is on the 3136-3155 resistance line, and the lower short-term focus is on the 3080-3078 support line. Friends must keep up with the rhythm. You must control your positions and stop losses, set stop losses strictly, and do not resist single operations. The specific points are mainly based on real-time intraday trading. Welcome to experience and exchange real-time market conditions.
Gold operation strategy reference: Short order strategy: Strategy 1: Short gold rebounds near 3133-3136, with a target of 3100-3090, and a break to look at the 3080 line.
Long order strategy: Strategy 2: Go long near the 3078-3080 pullback of gold, with a target of 3105-3125, and a break to look at the 3135 line.
From a technical point of view, a positive line on the daily line directly changed the extremely weak adjustment state in the previous period. Now the positive line breaks the middle track of Bollinger and pulls up the moving average. Then, gold has entered an extremely strong state of bullish trend. In this state, it will continue to rise to the previous high of 3150. Therefore, the main direction today is definitely bullish. It is normal for the small cycle to adjust under the pressure of 3100. Now the Bollinger of the 4-hour cycle has just opened, and the unilateral trend has just taken the first wave of strength. There is no problem in the next wave to rise to the high point of the daily cycle. Therefore, as long as the 4-hour cycle falls back to the support of the unilateral moving average, it is an opportunity to do more. The support below is around 3070, and the rise of the hourly cycle is around 3060. Therefore, today's gold bullishness is expected to consider 3080 or 3070. The rise in the Asian and European sessions is still at 3130. If the US session breaks through 3136, consider seeing the high point of 3150. On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The upper short-term focus is on the 3136-3155 resistance line, and the lower short-term focus is on the 3080-3078 support line. Friends must keep up with the rhythm. You must control your positions and stop losses, set stop losses strictly, and do not resist single operations. The specific points are mainly based on real-time intraday trading. Welcome to experience and exchange real-time market conditions.
Gold operation strategy reference: Short order strategy: Strategy 1: Short gold rebounds near 3133-3136, with a target of 3100-3090, and a break to look at the 3080 line.
Long order strategy: Strategy 2: Go long near the 3078-3080 pullback of gold, with a target of 3105-3125, and a break to look at the 3135 line.
Trade active
I have always been fortunate that I can stick to my original intention, and I can do my best to serve every friend who proposes cooperation, and use my professional strength to help you make a profit, recover your investment, and increase your funds. My reputation depends entirely on the publicity of my clients. My strength has been honed in actual combat. Even if the road ahead is bumpy, as long as you give me trust, we will devote all our guidance to utilize your funds to the maximum effective extent, and let you experience the pleasant profit feeling in the ups and downs of the market!Trade closed: target reached
Gold failed to break through 3135 several times, proving that there is some resistance in the short-term 3130-3135 area, so I inform you to short gold near 3130. Although the CPI data is bullish for gold, the willingness to rise is not strong. Although the CPI data was bullish for gold, it was not willing to rise. It fell back to 3116 many times, but the downward trend did not continue. In order to lock in profits in time, we manually closed the position at 3116. Congratulations to everyone who followed the trading plan for making profits again.If you are still losing money now, there is no other reason than not paying attention to my daily strategy guidance. Remember that trading is not easy and requires careful thinking and rigorous operation. If you want to get out of the quagmire of losses as soon as possible and get on the right track of steady profits, it is very simple. Pay attention to me and follow my guidance!
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.
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.