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Xauusdlong

Gold platform diving has peaked in the short term!Gold is now covered by dark clouds at its daily high level, and a rebound will give shorts an opportunity. The 1-hour moving average of gold has begun to turn downward, and the bulls have suffered a heavy blow. After the rebound is repaired, the only way to go short is to continue. The support below the range of gold 1 hour ago was 3135. Now the US market rebounded and was under pressure for the second time, so the short-term support of gold at 3135 has formed an effective suppression. The US market rebounded at 3135 and continued to go short under pressure. Today's short-term gold operation ideas suggest that rebounding is the main focus, and callbacks are supplemented by longs. The upper short-term focus is on the 3135-3138 first-line resistance, and the lower short-term focus is on the 3054-3066 first-line support. Short position strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3133-3135, stop loss 6 points, target around 3105-3085, and look at 3065 if it breaks; Long position strategy: Strategy 2: Long 20% ​​of the gold position in batches when it pulls back to around 3065-3068, stop loss 6 points, target around 3090-3100, and look at 3110 if it breaks;
PYTH:XAUUSDShort
by UptonCharlotte
XAUUSD Today's analysisOn Thursday (April 3rd), as Asian markets opened for trading, Trump’s bombshell announcement of a slew of tariff measures sent shockwaves through the market. In an instant, a wave of risk - aversion swept across, propelling the spot gold price to a staggering $3,167.60 per ounce. This not only marked a new all - time high but also set a new benchmark in the gold market’s history. However, the market’s exuberance was short - lived. Fearing potential uncertainties in the aftermath of these policy changes, a significant number of profit - oriented investors decided to cash in on their gains. Their aggressive selling pressure caused the gold price to reverse course sharply. Before long, the price turned negative for the day, slumping to a low of $3,054.19 per ounce. As the trading day wore on, investors adopted a wait - and - see approach. The growing consensus was that US tariff policies would likely throw the global economy into disarray. In such a climate of uncertainty, gold’s traditional role as a safe - haven asset reasserted itself. Buoyed by this renewed interest, bargain - hunting buyers flocked back into the market, driving the price back up to $3,125 per ounce. Macroeconomic data and geopolitical dynamics will continue to influence the direction of the gold market. Key data such as the unemployment rate and non-farm payroll employment figures that the US Department of Labor is about to release are highly likely to affect the Federal Reserve's monetary policy stance, which in turn will impact the gold market. If the data indicates a weakening of the US job market, the Federal Reserve may consider easing its monetary policy. This will undermine the US dollar and enhance the attractiveness of gold to investors. At the same time, there are still uncertainties in the global trade situation. Countermeasures taken by other countries against the US tariff policies may further intensify trade frictions and increase the uncertainty of the global economy. In such an environment, as a safe-haven asset, gold is expected to attract more capital inflows. From the perspective of technical analysis and the price trend of gold, the price level of $3,100 per ounce has become an important support and resistance level. If the gold price can firmly stay above this level, it may attract more bulls to enter the market, driving the price towards higher targets. Conversely, if the price breaks below this level, the bears may take the initiative, triggering a new round of selling. In addition, the performance of gold mining stocks is also worthy of attention. They not only reflect the short-term fluctuations in the gold market but are also affected by the operational conditions of mining companies themselves and the impact of geopolitics on mining production, forming a linkage effect with the gold price. The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
FOREXCOM:XAUUSD
by BenGray9
Data will be Bearish for GOLDAffected by tariffs and inflation news, gold fluctuated sharply before the market closed. The market was in a situation of double kills for both long and short positions, and the sentiment was still fermenting. At present, the bulls also took this opportunity to successfully break through the resistance, and the price returned to above 3140 again. From the perspective of the pattern, there is still room for growth in the short term. Before the US market, you can look for trading opportunities in the 3158-3123 range. The unemployment benefit data will be released during the US market, and the data is expected to be bearish for gold. Therefore, within 30 minutes before the data is released, if you hold a long order, please be cautious. At that time, I will also send you the latest trading plan based on the market situation. If you are currently in trouble and need help, you can leave me a message.
FOREXCOM:XAUUSDShort
by Trading_King_Arthur
The battle for the 3200 mark is imminentThe United States has officially launched a tax increase policy on major global trading partners. The wide range of goods involved and the high tax increase are rare in history. The essence of the tax increase is to require countries to have the same tax rate on US goods as the US export tax rate to them. For example, if Indian motorcycles face a 2.4% tax in the United States, and American motorcycles are taxed 100% in India, the United States will reversely tax Indian motorcycles at 100%. This "tit-for-tat" mechanism directly leads to a surge in the price of imported goods, and companies are forced to restructure their supply chains. Next, once the Federal Reserve starts to cut interest rates, gold is bound to reach a new level. Cutting interest rates is the general trend. When the economy is down, only by cutting interest rates can economic development be stimulated, and raising interest rates will only push the economy to the brink of collapse. The US economy is already in collapse, not on the edge! After the tariff news, gold quickly retreated to 3105 and then soared, reaching a high of 3168. Gold, hold the position of 3100 US dollars, which is the key to determine the long and short positions. The rising market is not about staring at the high point speculation, but the gains and losses of the key support area. As long as the key support is not broken, the rising trend will not see the top. Gold operation suggestion: long around 3120-3110
OANDA:XAUUSDLong
by TP_Daniel
The long-short sweep may still explodeThe tariffs were also successfully implemented. In response, the market bulls and bears also responded strongly. After all, the 3105-3142 area rose and fell in seconds, which was a terrifying market. Of course, to be honest, this wave of turbulence was mostly caused by institutions. After all, the market smashing was also extremely strong. However, I don’t agree with the impact of the tariffs implemented last night. First of all, looking back at the market situation, Trump said that tariffs would be imposed on many countries, which actually meant a 20% retaliatory tariff on the European Union. As for some other countries, only a 10% general levy was implemented, which relatively resulted in an unequal tariff situation. Of course, Trump also reiterated that Canada and Mexico still have tariff exemptions in a limited range of goods. So what impact will this situation have on the bulls and bears of gold? To be honest, personally, I have undoubtedly overestimated the announcement of this tariff. In other words, the implementation of this tariff is a bit insufficient in my eyes. After all, I expected that Trump would make major changes in his previous speech. As a result, it is a significant reduction compared to his previous years in office. This has also limited the outbreak of risk aversion. Of course, trade risks definitely exist, but through the matter of adding Mexico, this is completely negotiable. For this tariff event, I don’t think there is a big risk stimulus. Of course, the key is to see whether the market buys it. If the market thinks it will stimulate long-term risk aversion, then it will inevitably be pushed up by buying. However, the intensity of yesterday’s tariffs was not strong in my opinion. This may also limit the outbreak of longs to a certain extent. After all, the market’s expectations for it were too strong in the early stage, which also led to the early rise of longs, which also included the digestion of news. For this, you still need to be cautious. Then looking back at the current market, the tariffs have been implemented, and in a blink of an eye, we will also welcome the announcement of non-agricultural data. As far as the current market is concerned, the various US economic data have also improved relatively. After all, the substantial growth of ADP has undoubtedly dispelled the rumors of economic downturn. After all, the warming of the labor market undoubtedly reflects the warming of the US economy. Under the influence of tariffs, it has indeed boosted the US economy. Of course, the impact of the data is not just that. The current remarks about the slowdown in inflation are self-defeating. Due to the implementation of tariffs, inflation is likely to rise further. This directly hits the Fed's expectations of a rate cut, and the warming of the labor market has further limited the possibility of the Fed implementing a rate cut. In this regard, no matter what the final result of the market outlook is, based on the current situation, I personally think that it is really difficult for the Fed to implement a rate cut this year, which has also led to a reduction in the momentum of gold bulls. Moreover, if this situation continues, the Fed does not rule out the possibility of being forced to implement a rate hike. Although Trump is also calling on the Fed to cut interest rates, the fact is that it cannot be implemented at present, unless the US talks with other countries again during this period to discuss a reduction, as it did with Canada and Mexico. Otherwise, as time goes by, as the tariff issue intensifies, inflation will be restricted, thus affecting the implementation of the Fed's policy. At this time, you can pay more attention to the market dynamics. So for today, although gold is currently stimulated to rise, I don't quite agree with the emergence of new highs for gold bulls. To put it bluntly, for now, even if a new high appears, gold breaks through 3160, which is more of a possibility of inducing more. I am not saying that I am blindly bearish, but you have actually seen that gold is blocked at a high level, and the momentum of falling back is also extremely strong, especially gold started three consecutive positives last Friday, and as of Tuesday this week, it stopped falling near the highest point of 3149. The bull outbreak is already facing exhaustion. Even if the bulls rise again today, where can they rise, to 3200? Then what? You should know that it is cold at the top. Unless there is absolute bullish momentum to support gold to continue to rise, there will be a peak at any time. The short space is still large, just waiting for an opportunity. In particular, the sharp increase in ADP has led to the market betting on the negative non-agricultural data. Once gold is blocked from rising, it will inevitably collapse in an instant. Especially when this kind of news stimulates gold to rise, retail investors in the market will not consider its fundamentals. They will only think that interest rate cuts are absolutely good for bulls and the implementation of tariffs is absolutely good for bulls, which will lead to buying. This is also a chance for institutions to snipe bulls. For this, for today and tomorrow, even if gold breaks a new high, you should not blindly follow the trend. Remember to guard against the possibility of a resurgence of shorts. In this regard, I personally prefer the possibility of shorts looking back at the possibility of breaking 3100 and falling to 3080-3050. You can be cautious about this. As for today's opening, gold opened high at 3141, and encountered a flash crash at 3128 at the opening, and then rebounded to 3139 and then flash crashed to 3123. This performance can be said to be extremely strong. In this case, I certainly cannot notify the operation. After all, the fluctuation is too fast. With a quote every second, even if you give an order, you may not be able to enter the market in time. For this, you still need to wait for the market to calm down. As for today's market, the fluctuation may be relatively strong. You can wait and see and be cautious. As for the specific operation details, I will give them in real time. Remember to strictly follow my requirements to control the position and stop loss. ​ ​
FOREXCOM:XAUUSDShort
by TP_Daniel
XAUUSD The position of "BUY"The 3100 level is a strong support area. Right above this support area,buying opportunities present themselves. At price points in this range, a significant amount of buy orders tend to flood the market, offering a buffer against further price decline. It’s crucial to note that the XAUUSD market is characterized by high volatility. Thus, investors should avoid chasing rallies or engaging in short - selling at high levels. Chasing rallies exposes investors to substantial losses during short - term price retracements. Similarly, short - selling at high levels risks missing out on further upside potential. Stay vigilant to market dynamics, set stop - loss and take - profit levels rationally, and safeguard against potential risks. 💎💎💎 XAUUSD 💎💎💎 🎁 Buy@3100 - 3105 🎁 TP 3120 3130 3140 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
FOREXCOM:XAUUSDLong
by BenGray9
Will the price of gold continue to rise in the evening?The 4-hour trend is temporarily maintained in a high range of oscillation repair. At present, the short-term moving average is basically in a state of adhesion and flattening, and tends to continue to maintain a high-level oscillation repair trend during the day. The 1-hour moving average of gold is still a golden cross upward bullish arrangement. Although gold has fallen below the moving average support, the strength of gold bulls to bottom out and rebound is still relatively strong, and with the support of gold safe-haven, gold bulls are still better. As long as it does not break 3100, it will continue to be bullish. Intraday operations will continue to be long. The top short-term focus is on the resistance of 3140-3150. Gold operation ideas: gold is long at 3100-3102, stop loss at 3095, target 3130-3140; touch 3140-3138 short once above, stop loss at 3145, target 3130-3120;
PYTH:XAUUSDLong
by UptonCharlotte
Tax hikes put the dollar's credibility in doubtThe risk aversion in the early trading pushed up the gold price, but the bulls failed to continue and the gold price fell back after rising. From a technical perspective, the 4-hour gold price is above the moving average and the bullish trend remains unchanged. Structurally, the rise of gold prices is symmetrical in time and space, and the early decline is in line with expectations. The current upper resistance is at 3137-3141, and the lower support is at 3111-3106. In terms of operation, it is recommended to focus on long positions on callbacks and auxiliary on rebounds from high altitudes. Operation strategy 1: It is recommended to buy at 3105-3100, stop loss at 3092, and the target is 3130-3150. Operation strategy 2: It is recommended to sell at 3139-3144, stop loss at 3150, and the target is 3120-3105.
PYTH:XAUUSDLong
by UptonCharlotte
Regional shocks, friends holding positions should pay attention!Technical analysis of gold: Gold first rose and then fell, but the subsequent rebound was indeed quite strong, exceeding our expectations. Gold fell into a large range of fluctuations, which added a certain degree of difficulty to the operation. Although gold rebounded beyond expectations, it still did not break through today's high point, so it is still under pressure in the range of the head and shoulders top pattern. At most, it is still a shock, and there is no need to think about whether it will rise sharply. The 1-hour moving average of gold has gradually begun to show signs of turning, and the 1-hour gold is also a head and shoulders top pattern. Even if it is pulled back and forth again, gold will continue to fluctuate in a large range. There are more data in the second half of this week, and there are also important events. So gold still needs to wait for news or data to let gold go out of a new round of direction. If gold does not break through the intraday high, we will continue to focus on high altitude. Retracement is supplemented by long positions. Gold operation strategy: short gold when it rebounds to 3130-3035, stop loss at 3140, target 3120-3110; long gold when it falls back to 3110-3100, target 3120-3130. Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions, operate according to your own operation plan. Market information is complicated and blindly following the trend can easily lead to the dilemma of chasing ups and downs. 2. In gold trading, we will continue to pay attention to news and technical changes, inform us in time if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve stable asset appreciation.
FOREXCOM:XAUUSDShort
by TP_Daniel
How to spot the right timing?XAUUSD has reached 3148.9 and is currently testing the upper resistance levels. Technical analysis indicates that the 3150 - 3170 range serves as a resistance zone. Given the robust bullish sentiment surrounding XAUUSD recently and the typically high trading volume and ample liquidity during the US trading session. The 3100 level is a strong support area. Right above this support area,buying opportunities present themselves. At price points in this range, a significant amount of buy orders tend to flood the market, offering a buffer against further price decline. It’s crucial to note that the XAUUSD market is characterized by high volatility. Thus, investors should avoid chasing rallies or engaging in short - selling at high levels. Chasing rallies exposes investors to substantial losses during short - term price retracements. Similarly, short - selling at high levels risks missing out on further upside potential. Stay vigilant to market dynamics, set stop - loss and take - profit levels rationally, and safeguard against potential risks. 💎💎💎 XAUUSD 💎💎💎 🎁 Buy@3100 - 3105 🎁 TP 3120 3130 3140 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
FOREXCOM:XAUUSDLong
by BenGray9
Tariff highlights, gold price up or down ?⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) find support from dip-buyers during the Asian session on Wednesday, pausing the previous day’s pullback from a fresh record high. Investors continue to seek shelter in safe-haven assets amid uncertainty surrounding US President Donald Trump’s sweeping reciprocal tariffs and their potential repercussions on the global economy. Additionally, escalating geopolitical tensions provide further support for bullion. Mounting concerns over a potential US recession, coupled with growing expectations of additional Federal Reserve (Fed) rate cuts, fuel demand for the non-yielding yellow metal. ⭐️Personal comments NOVA: Gold price is still in a very stable uptrend, market tariff information waiting for the next price increase fomo ⭐️SET UP GOLD PRICE: 🔥 ATH : SELL 3173 - 3175 SL 3180 TP: 3165 - 3150 - 3140 🔥BUY GOLD zone: $3058 - $3060 SL $3053 TP1: $3070 TP2: $3080 TP3: $3090 🔥BUY GOLD zone: $3106 - $3108 SL $3103 scalping TP1: $3113 TP2: $3118 TP3: $3125 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
TVC:GOLDLong
by Nova-Scalper
1
Gold (XAU/USD) Bullish Breakout: Next Target $3,181?"Key Observations: Current Price: Gold is trading at $3,127.450 at the time of the chart. Trend: The chart exhibits a strong uptrend, with higher highs and higher lows. Support Levels: Several support levels are marked in the $3,010 - $2,999 range, extending down to around $2,906. Resistance and Target: The immediate price range is highlighted, suggesting possible consolidation. A breakout above this range could lead to a target around $3,181. Chart Annotations: A retracement (red structure) indicates a short-term correction before continuation. A breakout structure (black lines) suggests a previous significant upward movement. The range and possible continuation are marked, indicating that the price may consolidate before attempting to reach the target. Trading Perspective: If price holds above the range, we may see bullish continuation towards $3,181. A break below support levels could signal a deeper pullback towards $3,010 or lower. This chart suggests a bullish outlook, with potential for more upside if momentum continues. Traders might look for confirmations before entering long positions.
OANDA:XAUUSDLong
by PIPsOptimizer
XAUUSD Analysis Strategy: still be expected to rise!It has been continuously fluctuating within the range of 3110-3130 during the intraday period, showing a short-term high-level oscillation. With the support above 3100, it indicates that the upward trend still remains. XAUUSD trading strategy buy @ 3113-3117 sl 3103 tp 3125-3130 Preserve capital, manage risk, generate returns, achieve sustainable long-term profitability, and continuously learn and develop through trading. Access the link below the article to obtain more information.
FOREXCOM:XAUUSDLong
by George_Lester
Gold operation suggestionsOvernight, gold prices encountered resistance near $3,150 and then fell back as traders took some profits near the all-time high. The current gold price is $3,123.39/oz, up 0.31%, with a high of $3,135.60/oz and a low of $3,107.29/oz. If gold falls below $3,100, it will move toward the nearest support level of $3,050-3,060. If gold stays above $3,100, bulls will remain in control. If the rally continues, the first resistance will be the all-time high of $3,149, followed by the $3,200 mark. From the daily chart of gold, the high and low of gold on Tuesday moved up from the previous trading day, which limits the bearish potential of gold. All moving averages are still far below the current gold price level and continue to rise. The 20-day simple moving average (SMA) is currently around $3001.00/ounce. Although the daily line has pulled back, the trend has not changed. There is a certain peak pullback pressure in the short term. The current trend has not fallen below the 5-day moving average support. The bulls still have expectations of strengthening again. Therefore, before closing below the 5-day moving average, it is still bullish. From the 4-hour chart of gold, the technical indicators are steadily falling, but they are still above the midline. There is a repair trend today, and the main focus is on whether 3150 can be broken. From the trend of the past two days, we can get several signals. Although the bulls are strong, the gold price has exceeded dozens of points when it has a wave of pullbacks at high levels. Another is that the low point of the pullback on Tuesday did not fall below the low point on Monday, and even the low point of the pullback in the US market has just been touched. Therefore, today's thinking is to treat it as a bull first. Gold prices rose again at the opening today, mainly affected by the tariff news. As of press time, gold prices were trading around 3125. At the hourly level, although it is bullish, we need to pay attention to whether yesterday's high of 3148 can be broken. Only after breaking through can we continue to look at 3173, followed by the extreme extension of 3218. For specific operation ideas, I suggest waiting for a pullback near 3115 to intervene in long orders, with the primary target at 3148 and the secondary target at 3173-3178.
OANDA:XAUUSDLong
by JosephChristian
1
Focus on the support position below!The trend of gold's continued rise after breaking through $3,100 indicates that its path of least resistance is still upward. After losing below, it may return to the round mark of $3,100. If it effectively falls below this level, it may trigger a long-covering market, which will push the gold price to test the support of $3,076 near Monday's low. In the short term, pay attention to the new high of $3,148-50. Gold hourly chart; Gold short-term analysis; Last Friday, gold rose all the way to 3085, and there is still room and demand for further rise. On Monday, it opened directly to 3097. Pay attention to the suppression of 3150 above gold. The news stimulated it to break new highs. Today, it is mainly a correction, and short orders must be cautious. Gold operation ideas today; 1; Long orders below can be tried at 3110-05, looking at 10-15 points,
PYTH:XAUUSD
by Oliver389
Gold market trend analysisGold risk aversion pushed up gold prices, but the bulls failed to continue, and gold prices fell after rising. From a technical perspective, the 4-hour gold price remained above the moving average, and the bullish trend remained unchanged. Structurally, the rise in gold prices was symmetrical in time and space, and the early decline was in line with expectations. The hourly chart showed a weak bearish signal and diverged. The upper resistance is currently at 3137-3141, and the lower support is at 3111-3106. In terms of operation, I suggest that the callback is mainly long, and the rebound is supplemented by high short. Operation strategy 1: It is recommended to buy at 3105-3100, stop loss at 3092, and the target is 3130-3150. Operation strategy 2: It is recommended to sell at 3139-3144, stop loss at 3150, and the target is 3120-3105.
OANDA:XAUUSD
by EmmaSaxton
1
The gold 3100 mark is in danger!In addition to Trump's announcement of tariffs this week, there will also be non-agricultural data, so this week is destined to be extraordinary. This is also the risk that has been repeatedly reminded. Don't be blindly overwhelmed by bulls. You need to respect the market at all times. After falling below 3120, there is room for a retracement, but it is still unclear whether the overall trend will turn. This week is very critical. There is important fundamental news. It is necessary to confirm whether it will change the fundamentals. Only when there is a change will the trend turn. Pay attention to the 3120 first-line resistance on the top of the 4-hour chart, and pay attention to the 3100 support on the bottom in the short term. It is recommended to operate in the range in a short term. Gold operation suggestion: short near rebound 3112-3115, stop loss 3120, target 3100
OANDA:XAUUSDShort
by PageEvan
Gold pulls back from its all-time high! Can more be done?Trump's tax increase strategy is intended to increase revenue, but it is easy to trigger a reverse polarization in international trade. It may be effective in the short term, but it may aggravate inflation in the long term, posing a hidden worry to the economy. Against the backdrop of a weaker dollar, the value of gold stands out, not only because of the rising geopolitical risks, but also because the credit of the dollar is questioned. Time has become the best boost for gold prices to rise. Operation strategy 1: It is recommended to buy at 3115-3110, stop loss at 3100, and the target is 3130-3150. Operation strategy 2: It is recommended to sell at 3139-3144, stop loss at 3150, and the target is 3120-3105.
FXOPEN:XAUUSDLong
by PageEvan
Gold operation strategy, bulls continue to hit new highsFrom the 4-hour analysis, today's short-term support is around 3118-3124, with a focus on the 3100-3106 line. Intraday operations should continue to be long in response to the pullback. The short-term bullish strong dividing line should focus on the 3096-3100 line. The daily level stabilizes above this position and continues to maintain a low-long rhythm. Short selling can only enter the market at key points, and enter and exit quickly without fighting. Gold operation strategy: Gold falls back to 3116-3124, buy more when it falls back to 3100-3106, stop loss at 3097, target at 3145-3150, continue to hold if it breaks;
PYTH:XAUUSDLong
by UptonCharlotte
Gold hits new highs this weekThe 1-hour moving average of gold crosses upward, the bulls diverge significantly, the price fluctuates greatly, and both the rise and fall exceed 20 points. Risk control is very important now, especially avoiding leverage orders and operations without stop loss. The upper resistance is at 3145-3148, and the lower support is at 3120-3117. In terms of operation, it is recommended to mainly do more on callbacks, supplemented by rebound high-altitude strategies. Operation strategy 1: It is recommended to buy at 3122-3117, stop loss at 3111, and the target is 3147-3145, and the target is 3160. Operation strategy 2: It is recommended to sell at 3144-3150, stop loss at 3155, and the target is 3130-3120.
PYTH:XAUUSDLong
by UptonCharlotte
The gold bull market continues to hit new highs!In the 1-hour cycle, the gold price consolidated yesterday, and a wave of declines consolidated the support below, which is the 3111 line. This morning, gold once again broke through the upper pressure level of the oscillation range at 3127. The breakthrough is bullish, and we have to go long with the trend. In the one-hour market, gold directly broke through the new high in the early trading and continued to rise, and the 3127 line has turned into a support level during the intraday trading. If it falls back to the 3127 line again in the early trading, we will go long directly! Overall, the short-term operation strategy for gold today is to focus on callbacks and shorts on rebounds. The short-term focus on the upper side is 3150-3160 resistance, and the short-term focus on the lower side is 3110-3120 support. Short position strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3150-3155, stop loss at 3162, target around 3135-3130, and look at the 3125 line if it breaks; Long position strategy: Strategy 2: Long 20% ​​of the gold position in batches when it pulls back to around 3125-3127, stop loss at 3115, target around 3140-3150, and look at the 3155 line if it breaks;
PYTH:XAUUSDLong
by UptonCharlotte
Tax hikes put the dollar's credibility in doubtThe risk aversion in the early trading pushed up the gold price, but the bulls failed to continue and the gold price fell back after rising. From a technical perspective, the 4-hour gold price is above the moving average and the bullish trend remains unchanged. Structurally, the rise of gold prices is symmetrical in time and space, and the early decline is in line with expectations. The current upper resistance is at 3137-3141, and the lower support is at 3111-3106. In terms of operation, it is recommended to focus on long positions on callbacks and auxiliary on rebounds from high altitudes. Operation strategy 1: It is recommended to buy at 3105-3100, stop loss at 3092, and the target is 3130-3150. Operation strategy 2: It is recommended to sell at 3139-3144, stop loss at 3150, and the target is 3120-3105.
PYTH:XAUUSDLong
by UptonCharlotte