Can the gold bullish force continue? Interpretation of European
From the current observation, the 2922-2925 range constitutes the current main resistance zone. Once the gold price successfully stands above 2925, the breakthrough of the previous high of 2930-2942 will be just around the corner, and the market is bullish. The 2911-2909 area below has built a solid support line. As long as the support is not effectively broken, the gold price is expected to continue the bullish trend during the European session. Therefore, for European trading, we recommend that the callback is mainly long, and the rebound is supplemented by high shorts, and a steady layout is made, waiting for good news.
Operation strategy 1: It is recommended to pull back to 2912-2907 long, stop loss 2900, and the target is 2925-2930. Break to see 2945.
Operation strategy 2: It is recommended to try to go short near the rebound 2937, stop loss 2945, and the target is 2915-2905.
Operation strategy 1: It is recommended to pull back to 2912-2907 long, stop loss 2900, and the target is 2925-2930. Break to see 2945.
Operation strategy 2: It is recommended to try to go short near the rebound 2937, stop loss 2945, and the target is 2915-2905.
Trade active
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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.
100% accurate trading signals
Free trading strategies
t.me/KevinTaylor999
Free trading strategies
t.me/KevinTaylor999
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.