Gold suddenly rose rapidly in the short term. The price of gold has now risen to around 1956. In the Asian market, the price of gold once touched a level around 1945. The price of gold has successfully touched our first target price of 1945. Waiting for the price of gold to fall below this level will confirm that the price of gold will continue The corrective bearish trend and fell to the next target 1913.
I continue to predict that the price of gold will be in a bearish trend for some time to come. From the 4-hour chart, the price of gold is below the 50-period exponential moving average (EMA), which supports the bearish expectation.
It should be noted that if the gold price breaks through 1956 and continues its upward trend, this may push the gold price's intraday outlook to turn bullish, and rise to the key resistance 1977, and then try to fall again.
The timing of long-short operations around 1956 needs to continue to pay attention to the follow-up trend
Intraday real-time trading signal follow-up update...
I continue to predict that the price of gold will be in a bearish trend for some time to come. From the 4-hour chart, the price of gold is below the 50-period exponential moving average (EMA), which supports the bearish expectation.
It should be noted that if the gold price breaks through 1956 and continues its upward trend, this may push the gold price's intraday outlook to turn bullish, and rise to the key resistance 1977, and then try to fall again.
The timing of long-short operations around 1956 needs to continue to pay attention to the follow-up trend
Intraday real-time trading signal follow-up update...
Trade active
30 pips down as expectedTrade active
Wait five minutes for the second signal to confirm whether to short againTrade active
Before the gold has reached a good time, we will not get involved in any direction of the strategyTrade active
The market trend of the past two days is basically in a volatile trend. I believe you all have a deep understanding of this. For such a market, in fact, the operation is operable, that is, to maintain ultra-short-term operation execution, with a profit of 20 to 30 points Just close the position, but this also gives you some risks. If you don’t understand it, then my suggestion is to wait and see with a short position.Trade active
In the short term, we see a callback around 1948Trade active
The short-term decline in the day is expected to turn into an upward trend. From a technical point of view, Shanshang can also clearly see that the position of gold at 1963 is suppressed, and the position of gold at 1940 below also has support. The current price It's near the central axis, so I really don't want to operate it. Trade active
Trade active
Pay attention to the 1945 position and you can do moreTrade active
Pending order buy1945 is in holdingTrade active
Gold fell back near the 1941 position in the short term, and those with short positions directly entered the market at this position Gold long ordersNote
BUY1941 SL1934Trade active
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💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
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.