The current key support level of gold: 3220
Intraday trading needs to pay attention to two core ranges:
The upper resistance is concentrated at 3260-3270 US dollars/ounce
The lower support level is 3200-3220 US dollars/ounce
Operation strategy:
The high-level thinking is the main one: as long as the gold price is lower than 3275, a high-level short-selling strategy is adopted, and the stop loss is set at 3280.
The low-price long strategy is supplemented: as long as the gold price is higher than 3220, a low-price long strategy is adopted, and the stop loss is set at 3210.
The economic data of this trading day is relatively limited, but it is necessary to pay close attention to the relevant statements of US Secretary of State Rubio at the NATO Foreign Ministers' Meeting, as well as the impact of the speeches of Federal Reserve officials on monetary policy expectations.
Summary:
For the time being, treat it according to the idea of shock. At present, in the 4H cycle, the weak pattern has not changed, and the middle track pressure is still at 3272. If this pressure level is not broken, it will still be weak.
Intraday trading needs to pay attention to two core ranges:
The upper resistance is concentrated at 3260-3270 US dollars/ounce
The lower support level is 3200-3220 US dollars/ounce
Operation strategy:
The high-level thinking is the main one: as long as the gold price is lower than 3275, a high-level short-selling strategy is adopted, and the stop loss is set at 3280.
The low-price long strategy is supplemented: as long as the gold price is higher than 3220, a low-price long strategy is adopted, and the stop loss is set at 3210.
The economic data of this trading day is relatively limited, but it is necessary to pay close attention to the relevant statements of US Secretary of State Rubio at the NATO Foreign Ministers' Meeting, as well as the impact of the speeches of Federal Reserve officials on monetary policy expectations.
Summary:
For the time being, treat it according to the idea of shock. At present, in the 4H cycle, the weak pattern has not changed, and the middle track pressure is still at 3272. If this pressure level is not broken, it will still be weak.
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.