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Gold rebound is still a short-selling opportunityFirst of all, let's take a look at why the market is still not reversing after a big rise, and there is a rapid rise and fall? The data is bullish, and gold is rising rapidly, but we should pay attention to the sustainability of the rise, and secondly, the current trend direction. The overall trend of gold is still fluctuating downward recently, so even if the data is bullish, it is likely to just give an opportunity to "go high and short". Although gold performed strongly after the data was released, it began to fall under pressure at the 3360 line, the trading concentration area of ​​the last box shock, indicating that the bulls' volume is still not enough to break through the upper resistance. It is reasonable to rise and fall. Since gold is currently in a market that is tempting to buy more, it means that the main trend is still bearish. The rebound is still dominated by short selling. The gold 1-hour cycle closed with a long upper shadow, indicating that the upward attack is weak, indicating that the area above 3350 is still a strong pressure area. This upward rush is just a short-term effort with the help of data benefits, which is a typical false breakthrough. Therefore, gold rebounded to the 3350-3360 area in the US market, and it is still dominated by high shorts. This is the charm of the market - some people are always hesitant in the ups and downs, while others can always grasp the key turning points. The premise is to be able to see the trend clearly and follow the trend. Don't be led by the market, but understand: Is the current fluctuation a trap or an opportunity? If the direction is wrong, the effort will be in vain; if the direction is right, you will get twice the result with half the effort. Don't make excuses for failure, just find ways to succeed. Have you found it? All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDShort
by TP_Daniel5
Gold fluctuates repeatedly, and opportunities emerge!Gold was under pressure for the second time during the day, and the pressure at the 3349 line fell back. It continued to be treated with a fluctuating mindset. The 4H cycle observation showed that the Bollinger Bands were closing, and the K-line repeatedly interspersed around the middle track. The short-term structure tended to fluctuate upward. Pay attention to the 3348-3350 and 3362 pressure zones above, and the support below is located in the 3315 and 3302 areas. In terms of operation, the main long and auxiliary short ideas are maintained, and the guidance of CPI data is paid special attention. Operational suggestions: Gold retreats to the 3315-3305 area and tries to arrange long orders, with the target looking at 3338 and 3349. A strong breakthrough can look up to 3360. If the 3350-3360 pressure zone above is not broken, short orders can be tried in the short term. All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
Analysis of gold prices on June 11 📌Gold news 🎈Economic data and policy expectations U.S. employment data; initial jobless claims increased for two consecutive weeks, and the market focus shifted to the non-farm payroll report released this week. The data performance will affect the Fed's policy path. Trump pressures interest rate cuts: Trump recently called on the Fed to cut interest rates by "one percentage point" again, and hinted that he would consider replacing the Fed chairman, exacerbating market expectations for loose monetary policy. 🎈Long-term support factors Despite short-term fluctuations, global economic and geopolitical uncertainties (such as repeated trade frictions and debt risks) still provide long-term safe-haven demand for gold, especially in the context of the divergence of monetary policies between European and American central banks, the allocation value of gold is highlighted. 📊Technical analysis Before the European session, the gold price showed a continuous positive trend. I gave a hint in my analysis that I was not in a hurry to guess the top, and followed the trend to rise to around 3340 and wait for the turning point to appear. The opening trend of the European session tended to fluctuate until it rose to around 3348 in the evening and then turned from rising to falling, but the decline was not strong. It rose again at the position of the European session. Now the gold price is trading around 3350. From the market point of view, this wave of rise was supported by the trend line at 3300. Whether it was geopolitical conflicts or various news about Sino-US trade negotiations that stimulated buying to drive gold prices up, the second rise in the US session has exceeded 3340. The next key suppression level is around 3360, which is 618 from 3403 to 3300, which can be treated as a turning point. The initial support below focuses on the high point of yesterday's Asian session at 3338. 💰Strategy Package Waiting for gold: short at 3355-3360, stop loss at 3365, target at 3340-3328! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds
OANDA:XAUUSDShort
by Labaron
1
Gold V-shaped reversal still has room to rise In the morning, the market was under pressure at 3328, and two consecutive big negative lines fell to the low of 3302, breaking through the lower track of the descending flag consolidation channel, forming an effective break. 3317 was originally the confirmation point of the channel counter-pressure, and it was also the 618 split resistance at the time. Then the middle track was lost, and the trend was bearish, so it tried to rebound but continued to fall under pressure. But the market immediately made a V-shaped reversal, breaking through the morning high of 3328, and had attacked to 3342 before the US market. The European session was volatile and strong, and with the help of a pullback before and after the U.S. session to lure short sellers, there is still hope for a second rise The focus of the support for the retracement is on two positions: one is the 3322 line, corresponding to the middle track and 50% split support; the other is 3318, corresponding to the 618 split support. If it stabilizes after touching it, it will most likely point to the 3348 counter-pressure position. If the pressure of 3348 cannot be broken, there is still a possibility of repeated fluctuations in the short term. It is necessary to pay attention to whether the secondary low point appears when it pulls back to further consolidate the support structure. If the market directly breaks through and stands above 3348, 3293 may have been confirmed as a short-term low. The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
Gold fluctuates repeatedly and opportunities emerge.Gold bottomed out in the Asian session and rebounded to break through the opening of the decline. The European session continued to break through yesterday's high. The US session continued to break through the key pressure position of 3335-3345, and walked out of the standard strong cycle. After the break, it is necessary to change the thinking and follow the trend to be bullish. Pay attention to the support below 3315-3325. In terms of operation, it is mainly long when it falls back. The upper side gradually looks to 3352 and 3365. If the pressure is not broken, look at the falling space! Operation suggestion: Go long when gold falls back to 3325-3315, and look at 3338 and 3352! If the pressure above 3352 and 3365 is not broken, you can short! The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
Perfect grasp of the high altitude and low multi rhythm!The current trend of gold continues yesterday's trend, maintaining a high rebound and volatile market. But don't panic, focus on the performance of the rebound. If the rebound fails to break through the upper resistance level, continue to focus on shorting. The upper suppression area is locked at the 3335-3345 line. Although the bullish performance has been strengthened, if it cannot effectively break through this range, it is still a short-term weak signal. From the current market, the upper pressure is obvious, and the rebound can rely on this range to layout the main short, focusing on the continuation of the decline. The lower support focuses on the 3293-3300 integer mark, and the overall long and short wide range of volatile market is maintained. Before the daily level fails to effectively break through and stand firm at the 3345 mark, it is difficult to say that the bulls will turn strong, and operations need to be cautious. If the market adjusts, the strategy will be updated simultaneously. Operation strategy suggestion: Gold rebounds to the 3335-3345 first-line area to choose the opportunity to short, target the 3295-3306 range, strictly control risks, and follow the trend.
OANDA:XAUUSDShort
by TP_Daniel5
Gold fluctuates repeatedly, hiding great opportunities!After the opening of gold today, the bulls and bears played fiercely. In the early trading, it fell to 3293 and received temporary support, then stabilized and rebounded. It broke through the high point of 3320 in the Asian session and continued to rise above 3330. However, the price was under obvious pressure near 3330, and the momentum indicators (MACD, RSI) showed a top divergence at the same time, reflecting the exhaustion of bullish momentum and limited short-term upside space. From the technical structure, gold has effectively fallen below the middle track support of the H4 cycle, and at the same time lost the upward trend line built since the low point in June. The two breakout positions are highly overlapped, constituting an obvious technical weakening signal. The current trend is trapped in the key resistance suppression area, and it is expected to enter a high-level shock and weakening stage. The operation suggestions are as follows: 🔸Strategy direction: short-term thinking 🔸Entry area: 3335–3345 range 🔸Defense reference: stop loss above 3350 🔸Target expectation: look down to 3305, break to 3293 or even 3280 near the extension support In terms of fundamentals, the US dollar index is under short-term pressure, mainly due to the decline in the US fiscal outlook and US Treasury yields; but the non-agricultural data boosted economic resilience, which cooled the market's expectations for a rapid rate cut this year, restricting the rebound space of gold prices. Although risk aversion has support, it has not yet become a dominant driver. The current market sentiment remains cautiously neutral. Overall judgment: The short-term rebound of gold prices is limited, and the short-term trend is gradually released after the structural break. It is recommended to follow the trend and go high, control risks, and steadily execute trading plans.
OANDA:XAUUSDShort
by TP_Daniel5
Perfect prediction of Monday's opening trendGold opened near 3310 today, and fell under pressure after reaching a high of 3321, which was in line with our previous prediction of the short-selling layout in the 3320-25 area. We successfully entered the short order and successfully stopped profit at 3305. Then the market was supported and stabilized near 3296. We decisively went long and also realized profit. From the current trend, the short-term suppression during the day is still focused on the 3320-3325 line, and the key suppression area is around 3338-3345. Gold closed in an inverted hammer shape last week. From a technical point of view, the rebound is still mainly short-selling. If you are not in a good rhythm in gold trading recently, welcome to communicate and reduce unnecessary trial and error. 【Short-term technical analysis】 The upper short-term pressure focuses on the 3320-3325 area. If it rebounds to this point, it will be short first and look for a decline. If it rises strongly to the 3338-3345 range, it will still be the focus of short positions. The lower support focuses on the 3295-3285 area. The overall strategy of "high-short-low-long" is maintained. It is not recommended to frequently chase orders in the middle position. Be patient and wait for key point signals. I will remind you of the specific entry and exit plan during the session. It is recommended to pay attention in time. 【Gold operation strategy】 1. Go short first at the rebound 3320-3325 line. If it touches the 3338-3345 area, you can cover your position and go short. The target is 3306-3295. If it breaks, continue to hold and look down.
OANDA:XAUUSDShort
by TP_Daniel5
Gold on Monday depends on this wave of operationsBefore the non-agricultural data on Friday, gold maintained an overall oscillating pattern, opening at 3354, briefly rising to around 3375 and then falling under pressure, entering an overall oscillating downward mode. We also caught the rhythm of long orders many times and successfully exited the market with profits. Although the non-agricultural data was bearish, gold did not dive quickly, but rebounded to around 3363 after short-term fluctuations, and then fell under pressure again, and finally closed in an inverted head shape, with obvious technical bearish signals. From the perspective of form, gold is expected to continue to rebound high and high next week. Focus on the support of this week's low point of 3296. Once it falls below, it is possible to further explore the 3270-3260 area. However, if this position remains stable and unbroken, the market still has room for rebound and repair. From a specific technical perspective, the obstructed decline of the 3375 line on Friday is more critical, with the lowest intraday drop to 3307, and the bearish momentum is still strong. It is recommended to be prudent in operation and do not blindly chase orders. 🔸Operation ideas for gold next week: 1️⃣ If it rebounds to 3320-3325, you can try to arrange short orders. If it rebounds further to 3338-3345, it is recommended to cover short positions. 2️⃣ The first target is the 3295-3306 area. If it effectively falls below, continue to hold and look for a lower position. 3️⃣ The support below is focused on the 3295-3285 area, and the pressure above is still mainly 3335-3345. The market is mainly oscillating in the middle of the range. It is recommended to watch more and act less, and wait for key point signals before intervening. If you are currently having trouble with gold operations, welcome to communicate with me. I will update the strategy as soon as possible according to the intraday market and try my best to make your investment less detours.
OANDA:XAUUSDShort
by TP_Daniel5
Although the market fluctuates, the rhythm is not chaotic.Today's public strategy suggested shorting gold at 3365, and accurately predicted the retracement of the resistance level again. The brothers who followed up again reaped good rewards. Then arranged long orders in the 3344-3345 range, and exited the market at 3360 after the market fell and rebounded; then arranged short orders at 3360-3361, and fell again under pressure, and successfully took profits at the target of 3350. Although the short-term fluctuations were large, we finally managed to grasp the rhythm steadily and reaped ideal profits. Judging from the current trend, as long as the short-term gold market is above 3330, gold will still be in a strong bullish trend. On the contrary, if it falls below the closing line near 3330, it will break the trend line, and the subsequent market will most likely form a weak shock pattern. Therefore, the current operation is actually very simple. As long as the 3330 position is not broken, you can rely on the 3330 area to enter the market and do more. Pay attention to the support near yesterday's low point of 3333 below, and pay attention to the resistance near 3380-3390 above. Gold operation suggestions: It is recommended to short gold with a light position near 3380-3385, with a target of 3370-3360, and go long near 3345-3350 when gold falls back, with a target of 3360-3370.
OANDA:XAUUSDShort
by TP_Daniel5
Short position opportunity at 3366 suppression pointAt present, the focus of gold is on the previous high point of 3360-3366. If the rebound fails to effectively break through this range, you can consider entering a short position. Although gold is in a high-level oscillation stage, you should not blindly chase more. If the upper suppression continues to be effective, there is a risk of a technical correction. If you encounter confusion in operation, please feel free to communicate at any time; if the current gold operation is not ideal, I hope to help you avoid risks and reduce investment detours. I look forward to your contact. From the perspective of the 4-hour cycle, the upper resistance focuses on the 3360-3366 line, and the short-term support below focuses on the 3320-3325 area. It is recommended to keep operating in line with the trend and follow the main trend unchanged. Operation strategy: When gold rebounds to the 3360-3366 line and fails to break through, arrange short positions, and target the 3320-3325 range.
OANDA:XAUUSDShort
by TP_Daniel5
Risk aversion cools down, gold may continue to fall 📌 Driving events The International Trade Court in Manhattan, USA, blocked Trump's "Liberation Day" trade measures. This news is conducive to shorting gold. This news is undoubtedly a reversal of Trump's "reciprocal tariff" policy implemented on April 3, slapping Trump in the face! Gold has been mainly driven by tariffs this year, and the decline is mainly due to the easing of tariffs. Spot gold has fluctuated sharply recently. After opening at $3285.91/ounce in the Asian session, it reached a high of $3294.46/ounce, and then fell sharply. The lowest reached around $3240 and continued to fall. 📊Comment analysis The volatility of the Asian session highlights the fierce game between long and short positions. The changes in risk aversion caused by previous geopolitical and economic data, and investors' profit-taking and other factors are intertwined. Subsequent investors need to keep a close eye on key information such as the minutes of the subsequent Federal Reserve meeting in order to grasp the trend of gold prices. 💰Strategy Package After the Asian session opened, gold was affected by the news and quickly plunged through the 3280-85 area support. After a rapid decline in important support, the upper 3280-85 constituted the next strong resistance, the strong and weak dividing line. Below it, the weak position is expected to gradually fall to 3245-50 before reversing the short pattern, and further to 3225-20 and 3200. Given that the 3250-45 area is a recent bullish breakthrough, the 3245-50 area support is bound to usher in a strong rebound during the day, and further attention will be paid to the 3220-25 area and the 3200 mark support rebound. Refer to it to formulate trading strategies! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
Gold fluctuates repeatedly, and the opportunity has come Gold hit 3325 in the European session, and fell under pressure in the US session. It can be seen that the market still has no continuity, and the recent volatility is narrowing compared to the previous period. The whole month of May was a wide range of roller coaster fluctuations. The oscillating market is to operate at the point of card. Wait for a one-sided trend and then follow the trend. Short-term US market rebounds to 3315 to short, and use the intraday high as defense. The 1H cycle support below 3280/3290 is long in batches, and other positions are not involved.
OANDA:XAUUSDShort
by Labaron
1
How to seize this golden short-term opportunity!Yesterday, gold continued to fall from its highs, and the short-term trend was in line with our expectations. The lowest price of gold yesterday hit around 3285, which was also the long area given in yesterday's analysis. In addition, the secondary layout of long orders in yesterday's analysis brought us good returns. At present, gold is in a rebound stage as a whole. Although the momentum and amplitude of the rebound have not increased significantly, this trend has shown signs of a gradual recovery in the market. In terms of short-term operations, it is recommended to follow the trend and wait for the price to fall back before choosing an opportunity to go long. Yesterday, the gold price fell again to around the 3285 mark and received effective support. Today, we still need to focus on the support performance of this area. From the perspective of the 4-hour cycle, today's gold price relies on this area as a short-term strength and weakness dividing line for long and short layout. The lower support focuses on the 3275-3283 range, and the upper pressure is around 3316-3320. The short-term key watershed is around 3275-3280. As long as the daily level does not effectively fall below this area, the overall judgment of the long and short shock range is still maintained. In terms of operation, the "high-altitude and low-multiple" rotation idea will continue to be the main focus. If the market situation or rhythm changes, the strategy will be adjusted in time according to the actual market situation and will be notified separately. Gold operation strategy reference: 1. If gold falls back to the 3275-3285 area, you can consider placing long orders, with the target at 3316-3320. 2. If gold rebounds to the 3316-3321 area, you can try to short with a light position, with the target at 3288-3290.
OANDA:XAUUSDLong
by TP_Daniel5
3278-3320 key position is mainly high sell low buyAt present, gold rebounded after falling back to 3287, and fluctuated around 3300 in the short term. Pay attention to the support area of ​​3278-3283 below. If it does not break this area, you can still try to go long in the short term. After all, from a technical point of view, the decline during the day is a correction and adjustment to the previous rise. From the 4-hour chart, the upper short-term focus is on the suppression of the 3316-3320 area, and the lower focus is on the support of 3278-3283. In terms of operation ideas, continue to maintain the interval strategy of "high-altitude and low-multiple", rely on key positions to sell high and buy low, and wait patiently for effective signals before entering the market. If the structure or rhythm of the market changes, the strategy will be adjusted in time and notified separately.
OANDA:XAUUSDLong
by TP_Daniel5
2
Gold hits around 3280, please go long in the short term 📌 Driving Events Gold prices fell more than 0.50% on Monday as demand for safe-haven assets decreased after U.S. President Donald Trump announced a postponement of tariffs on the European Union. Trading activity remained subdued as the U.S. and UK markets were closed for public holidays. As of this writing, the gold/dollar exchange rate was around $3,294. Trump issued a statement on Sunday, postponing the date of the 50% tariff on EU goods to July 9, and market sentiment improved. As a result, gold prices came under pressure and fell after a sharp rise of 4.86% last week (the strongest weekly performance since early April) 📊Commentary Analysis Focus on the support level of 3285/80. If this area is touched for the first time, go long 💰Strategy Package 🔥Selling area: 3345-3350 SL 3355 TP1: $3333 TP2: $3325 TP3: $3308 🔥Buying area: $3280-$3285 SL $3275 TP1: $3312 TP2: $3330 TP3: $3345 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
How will the short-term trend of gold develop?From a technical perspective, the overall volatility is limited. In the near future, the upper side is under pressure from the trend line, and the lower side is affected by the 4-hour middle track support. The overall trend is maintained in the range of 3365-3322. The current monthly line is approaching its closing, and the short-term market is temporarily in a high-level oscillation stage. In the 4-hour cycle, the price range is gradually narrowing, waiting for a directional breakthrough. The lower support focuses on the 3325-3320 middle track position and the previous top and bottom conversion support of the 3308 line; the upper pressure focuses on the 3352 and 3365 areas. After a slight high opening, it weakened. The overall idea is still to treat it as a wide range of fluctuations. It is recommended to be long and short in operation, and adjust the strategy after breaking through. Operation suggestion: Go long near 3330-3323, and the target is 3340 and 3352; If the pressure near 3352 is not broken, consider shorting, and the target is to fall back to the 3330 line.
OANDA:XAUUSDLong
by TP_Daniel5
Short term is still dominated by short positions!Although the easing of trade tensions in the short term has led to a correction in gold prices, the three core factors supporting the strength of gold still exist: expectations of loose global monetary policy, rising geopolitical risks, and the long-term weakening trend of the US dollar. In particular, the market expectation that the Federal Reserve may maintain loose monetary policy will continue to provide momentum for gold to rise. From the daily chart, the price of gold has shown a clear upward trend since this year. Although there have been several corrections in the middle, the bulls still control the medium and long-term market. After the previous rise in the H4 cycle, it is not so strong now. Instead, it is a volatile trend. The Bollinger band is closed, and the trend strength still needs market stimulation to rise again. The 1-hour moving average of gold has begun to turn, so the rising strength of gold bulls has been suppressed. The high point of the 1-hour rebound of gold has been getting lower and lower, and the low point has also begun to fall. The 1-hour gold has begun to fluctuate downward. The downward trend of the gold rebound is suppressed near 3340. Gold rebounds near 3340 and can still be shorted.
OANDA:XAUUSDShort
by TP_Daniel5
Going long on pullbacks remains the mainstream.Fundamentals: Risk aversion is still the mainstream in the current market; risk aversion funds and risk aversion sentiment are still dominant in the gold market; although risk aversion and bullish sentiment have weakened at the war and trade war levels; the overall global fundamentals have not returned to their original state; behind various small fundamentals, there is still the possibility of triggering various risk events Gold continued to rise on Friday due to the rise in risk aversion caused by tariffs, and the price of gold continued to rise to around 3365, and the daily line closed with a full big positive line again. If gold can successfully break through and stabilize in the 3360-3365 range in the future, the bull market is expected to regain its dominant position. From the perspective of the 4-hour cycle, the price of gold continues to rise based on the unilateral moving average. Although there is a temporary divergence in the current indicators, in terms of form, the price of gold has achieved a short-term break. Next Monday, it is necessary to focus on the support strength of the 3345-3335 position, and the upper pressure range is maintained at 3365-3375. Do not blindly chase the rise before successfully breaking through and stabilizing. In terms of operation strategy, it is recommended to wait for the opportunity to step back, buy on dips, and continue to be bullish on gold prices. If gold can continue its strong performance next week, it is expected to test the previous high of 3430-3440 again.
OANDA:XAUUSDLong
by TP_Daniel5
Plan ahead Sell ​​high and buy low to take the lead.Yesterday, the technical side of gold rose first and then fell. We directly arranged 3327 long orders to take profit and exit at 3340. After further accelerating to break through the 3345 mark, it fell under pressure and fell rapidly. We also successfully shorted at 3341, and the target successfully reached 3330-20. The European session continued to fall and broke through the 3300 mark and continued to fall to around 3280 to stabilize and rebound. We went long at 3280, and the target was 3300-3306. The daily K-line closed at a high and fell back to oscillate in the middle. The overall gold price was suppressed and oscillated at the 3345 mark in the short term. Yesterday's three orders also reached the take-profit target as expected. From the 4-hour market analysis, today's upper short-term resistance is around 3315-3320. If the upper pressure 3315-3320 is not broken, shorting can also be done. Focus on yesterday's high pressure of 3345. The support level below is still 3280-3275. If it breaks down, pay attention to 3255-3250. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycles during the day. Observe more and move less in the middle position, be cautious in chasing orders, and wait patiently for key points to enter the market. Operation suggestions: 1. Go long when gold falls back to 3285-3275, and look up to 3300 and 3315. 2. Go short when gold rebounds to 3340-3345, and look down to 3325 and 3315.
OANDA:XAUUSDShort
by TP_Daniel5
Flexible strategies lead to the best response.📍News: The continued escalation of the war in the Middle East has increased risk aversion in the gold market. At the same time, the Russian-Ukrainian negotiations broke down, and Russia launched the largest attack since 2022. Under the double attack, the market's risk aversion is full. 📊Gold technical analysis: Today's gold price showed a violent fluctuation pattern. During the Asian session, the gold price quickly broke through the 3345 regional resistance and then fell back quickly, indicating that the short-term top pressure was significant. Subsequently, the market fluctuated repeatedly in the 3345-3320 high range and the 3320-3280 low range. After testing the 3350 high point in the Asian session, it retreated sharply, releasing a staged peak signal, indicating that the previous increase has entered the correction and callback stage, but the overall trend is still dominated by wide fluctuations. Market sentiment reversed, and the price slowly fell and then was pulled up by the positive line. The game between long and short positions was fierce. Although the short position once dominated, the long position counterattacked strongly, and it is expected that it may hit the resistance near 3320 again. The current market has not formed a unilateral trend. The operation is still to deal with the idea of ​​shocks, and maintain the idea of ​​high-altitude and low-multiple. The strong resistance above is at 3350, and the key support below is 3280-3275. The probability of breaking down in the short term is low. 🎯Operational suggestions: Go long on gold when it falls back to around 3280-3275, look at 3300 and 3320, and go short if the rebound pressure of 3320 is not broken.
OANDA:XAUUSDLong
by TP_Daniel5
The unilateral offensive is fierce: the bulls have clear goalsGold is performing strongly sideways. We are in the same rhythm as yesterday and continue to maintain bullishness. Gold broke through the key resistance of 3280 on Tuesday and then rose strongly. It is currently above the area near 3330. The technical side shows that the bullish trend continues. The next target may point to the high of 3400. After rising continuously on Monday and Tuesday, it slightly adjusted back to around 3285 on Wednesday and stabilized before rising again. The daily line closed positive and stood firmly on the middle track. The Bollinger band opened upward, and the upper track pressure was at 3400, suggesting that the medium-term upward space is open. The Bollinger band opened significantly, the moving average was arranged in a bullish pattern, and the upward momentum was strong. Short-term support focuses on the moving average at 3315. If the correction does not break this position, the trend long order can follow up. If the key resistance of 3350 is effectively broken, it will further open up the upward space. Gold operation suggestions: continue to go long after stepping back to 3320-3315, with a target of 3350. If it rises to around 3350 without breaking, you can arrange short-term short orders, with a target of 3330.
OANDA:XAUUSDLong
by TP_Daniel5
Flexible response is the best strategyGold rose sharply in the morning and continued to rise slowly during the day. Because of the divergence of indicators in the short cycle, it is difficult to exert further force. Today's market has been fluctuating between 3285 and 3320. In the evening, we will first look at the space for decline and repair, and then fall back to accumulate strength to stabilize and attack. The lower support will remain at 3285-3280, and then look at the low point of 3274. The upper resistance level will look at the existing high point of 3320. If it breaks through 3320, then pay attention to around 3345. Short positions will be entered when the pressure situation is met. Continue to remain bullish in the evening. In terms of operation, wait for a decline and gradually look up to 3320 and 3345. Gold operation suggestions: go long on gold around 3290-3285, and look at 3315 and 3325.
OANDA:XAUUSDLong
by TP_Daniel5
3