From the current 4-hour analysis, the short-term pressure on gold is 3343-50, and the important pressure on 3360-66. The operation is still mainly short-selling if the rebound does not break. Below, we first pay attention to the short-term support of 3310-15, and the important support of 3260-68.
Gold rebounds to 3343-50 line short, rebound to 3360-66 line to cover short, stop loss 3372, target 3310-3315 line, continue to hold if it breaks
Gold rebounds to 3343-50 line short, rebound to 3360-66 line to cover short, stop loss 3372, target 3310-3315 line, continue to hold if it breaks
Trade active
When gold rebounds to around 3338-3340, short sell (buy decline) in batches, 20% of the position, stop loss 6 points, target around 3300-3280, break to look at 3270. If you are bruised and battered in the market, you can come to me, I am confident that I can help you get back on your feet.
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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.