From the 4-hour gold chart, although it once fell nearly $200 from its high, the gold price gradually stood firm yesterday and began to rebound. It has now returned to above 3270. However, given that the moving average group is in a sticky state and the MACD indicator has also adjusted to near the 0 axis, the short-term competition between long and short positions may become more intense. Therefore, it is recommended to keep selling high and buying low as the main strategy, which is more stable. Pay attention to the resistance of 3370-3375 on the top and the support of 3285-3280 on the bottom;
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t.me/+_j0rbFDBRyY5Njg0
100% accurate trading signals
100% accurate trading signals
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.