After gold fell below 3341 yesterday, the highest point of the rebound was around 3350-52. Today, we are long at 3320-25, and the target of 3340-45 has been reached. We continue to pay attention to the short-term suppression of 3340-45, but the overall rebound strength is limited. The 3340-45 point fell back several times last Friday, and it is now broken again. Therefore, we can participate in the short position at 3340-3345 in advance. Gold rebounded at 3322 today. Technically, it needs to rebound and repair when it falls back to 3316-20, so we can look for opportunities to go long below to seize the profit space of the rebound.
From the 4-hour analysis, the short-term pressure above is around 3340-3345, and the current focus is on the support of the middle track 3310 at the hourly level. If the gold price can effectively hold the 3310 area, it is expected to bottom out and rebound and test the intraday high, but the upper rail resistance of the 3345 channel is strong, and it may still fall under pressure when it is touched, and the range shock judgment will be maintained at that time. In terms of operation, if you hold this support, you can consider light positions to try short-term longs, and pay attention to the short-term support of 3320-3315 below. Relying on this range to maintain the main tone of high-altitude low-multiple cycles during the day, the middle position is always more watchful and less active, cautiously chasing orders, and patiently waiting for key points to enter the market. I will prompt more specific operation strategies at the bottom, and pay attention in time.
Gold operation strategy: Gold falls back to the 3322-3317 line to go long, the target is 3335-40 line, and continue to hold if it breaks.
From the 4-hour analysis, the short-term pressure above is around 3340-3345, and the current focus is on the support of the middle track 3310 at the hourly level. If the gold price can effectively hold the 3310 area, it is expected to bottom out and rebound and test the intraday high, but the upper rail resistance of the 3345 channel is strong, and it may still fall under pressure when it is touched, and the range shock judgment will be maintained at that time. In terms of operation, if you hold this support, you can consider light positions to try short-term longs, and pay attention to the short-term support of 3320-3315 below. Relying on this range to maintain the main tone of high-altitude low-multiple cycles during the day, the middle position is always more watchful and less active, cautiously chasing orders, and patiently waiting for key points to enter the market. I will prompt more specific operation strategies at the bottom, and pay attention in time.
Gold operation strategy: Gold falls back to the 3322-3317 line to go long, the target is 3335-40 line, and continue to hold if it breaks.
Trade active
Congratulations to the brothers who followed the trading plan and went long! When most people were still hesitating and watching, we had already decisively arranged long orders near 3320 in advance. Then the market rebounded quickly, and in just a few minutes, it accurately hit the TP3340 target, and successfully realized the profit. The market never waits for those who hesitate, and rhythm and execution are the key. More real-time strategies are being updated, so stay tuned and move forward steadily.If you do not have the ability to respond flexibly to the market in trading, and are not good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notification 🌐 for more specific operational details and strategy updates. Let us work together in the unpredictable market to pursue more profits flexibly and stably!
Trade closed: target reached
The market has been volatile recently, with frequent switching between long and short positions. Many investors are caught off guard and don't know where to start. As soon as you buy, the price drops, and as soon as you sell, the price rises, and so on, resulting in continuous losses. In fact, this is a situation that many novice friends will encounter. Here I want to tell you that you need to have a precise control of the market and stick to your own trading logic. Of course, these are all empty talk for some novice friends. After all, they have just entered the market and do not have a strict trading plan. Most of them chase the rise and fall, which eventually leads to serious losses. Don't know when to enter the market and want to double your profits? As long as you persist, without complicated operations, the weekly profit can reach more than 100-400%.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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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.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
Related publications
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.