Today's analysis of gold

Zaktualizowano
Today's analysis of gold, focusing on testing the pressure of the 2670-2650 range

Four-hour cycle:
Gold fluctuated and bottomed out, and with the opening of the Asian session, it continued to rise strongly
(1): Pressure of the oscillation center: 2663
(2): Pressure of the 20-day moving average: 2662
Summary: When the K-line stands firm near 2660, it continues to be bullish
Strategy reference:
Buy: 2660
SL: 2650
TP1: 2670
TP2: 2680
TP3: 2700
TP4: 2720
Note/Key test: Pressure of the 2650-2655 range

After intraday cycle analysis, if this wave of rise stands firm at 2660, it is likely to rise to 2700-2720 next
This will most likely be the limit of the current increase expectations. Then the macro short-selling strategy: we set the maximum stop loss near 2720, and the short-selling price range is 2700-2720

If it returns to below 2650, then the gold rise will fail here and turn to shock again.
Then the short-term short-selling strategy:
Strategy reference
SELL: 2655-2660
SL: 2665-2675
TP1: 2630
TP2: 2620
TP3: 2605
TP4: 2600
Note/Key test: Pressure in the 2670-2650 range

Next, we will continue to follow up on the market, and I will feedback the latest signals at the bottom of the article as soon as possible
Thank you for your subscription
Zlecenie aktywne
snapshot
Transakcja zamknięta: osiągnięto wyznaczony cel
snapshot
Intraday expectations: reach the target range of 2655-2645
Next, the market is likely to repeat yesterday's downward fluctuations and slowly fade away
Look at the performance near 2645 below
If it stabilizes and fluctuates, with the recovery of the US market next week
Next week, we will consider the layout of the next direction in the range of 2635-2645
Wish you all a happy weekend
Technical IndicatorsTrend AnalysisWave Analysis

t.me/+v86zkZRb85hmMDA5
🔼Free signals
🔼Professional analysis, registered gold analyst
🔼Long-term experience in gold, Bitcoin, oil and foreign exchange trading, daily market analysis

Wyłączenie odpowiedzialności