Brothers, although gold has fallen seriously due to the tariffs, from the hourly chart, the big positive line of the candle chart shows that the bulls still have the upper hand, so gold is bound to rebound upward. Therefore, in short-term trading, pay attention to the support area of 2880-2870 below and the resistance of 2930 above. If gold rebounds and breaks through the key resistance level of 2930, then gold may test the historical high of 2945-2955 resistance area.
At the same time, brothers need to understand the principle that things will turn around when they reach their extremes. If gold falls so severely, the rebound may be more terrifying than you think. Just think about it, how much profit this is. Here, I can only congratulate in advance those brothers who made reference to my previous posts. You will definitely gain high profits. At least you don’t need to worry about the expenses of your two-year travel.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
At the same time, brothers need to understand the principle that things will turn around when they reach their extremes. If gold falls so severely, the rebound may be more terrifying than you think. Just think about it, how much profit this is. Here, I can only congratulate in advance those brothers who made reference to my previous posts. You will definitely gain high profits. At least you don’t need to worry about the expenses of your two-year travel.
Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
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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.
Related publications
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.