Today, let's set aside the upcoming release of non - farm payrolls data and analyze some other news.
So far this week, the gold market has seen significant volatility, but the price has not changed much. You could say that Monday's big rally was due to the Russia - Ukraine war over the past weekend, and you could also say that yesterday's big rally was due to the sluggishness of the service industry. However, the price is still fluctuating around $3,360. What I mean to say is actually very simple. The rise and fall are not related to these things now; it is just driven by market sentiment. If we filter out this week's market movements, isn't it still a pull - back after a big rally?
Before the data is released, if the price reaches $3,385, directly go short, with a stop - loss at $3,396 (the expansion resistance level of this upward segment), and the target is $3,365. At the same time, seize the intraday low of $3,340 (the recent oscillating low and the previous top - bottom conversion level) and can go long with a small position.
After the data is released, we just need to follow the market sentiment.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
So far this week, the gold market has seen significant volatility, but the price has not changed much. You could say that Monday's big rally was due to the Russia - Ukraine war over the past weekend, and you could also say that yesterday's big rally was due to the sluggishness of the service industry. However, the price is still fluctuating around $3,360. What I mean to say is actually very simple. The rise and fall are not related to these things now; it is just driven by market sentiment. If we filter out this week's market movements, isn't it still a pull - back after a big rally?
Before the data is released, if the price reaches $3,385, directly go short, with a stop - loss at $3,396 (the expansion resistance level of this upward segment), and the target is $3,365. At the same time, seize the intraday low of $3,340 (the recent oscillating low and the previous top - bottom conversion level) and can go long with a small position.
After the data is released, we just need to follow the market sentiment.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
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.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
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.