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📊Technical aspects
Gold technicals continued the bullish unilateral oscillation upward rhythm. The daily level closed with a strong positive for three consecutive trading days. The overall price continued the bullish unilateral oscillation upward rhythm.
Today, the market opened high at 3448, and the highest reached 3452 and then fell back. So far, the lowest fell back to 3409 and rebounded.
The current market trend is to go long on the retracement. The trend remains unchanged. Don’t be misled by the retracement adjustment.
From the 1-hour market analysis, the support below is around 3408-10, and the short-term bullish strong dividing line moves up to the 3388-93 level.
The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Short positions against the trend need to be cautious. There is a high probability that the short-term will continue to rush up and test the previous high.
I will remind you of the specific operation strategy in the channel, please pay attention.
💰 Strategy Package
Long Position:3410-3420
📊Technical aspects
Gold technicals continued the bullish unilateral oscillation upward rhythm. The daily level closed with a strong positive for three consecutive trading days. The overall price continued the bullish unilateral oscillation upward rhythm.
Today, the market opened high at 3448, and the highest reached 3452 and then fell back. So far, the lowest fell back to 3409 and rebounded.
The current market trend is to go long on the retracement. The trend remains unchanged. Don’t be misled by the retracement adjustment.
From the 1-hour market analysis, the support below is around 3408-10, and the short-term bullish strong dividing line moves up to the 3388-93 level.
The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Short positions against the trend need to be cautious. There is a high probability that the short-term will continue to rush up and test the previous high.
I will remind you of the specific operation strategy in the channel, please pay attention.
💰 Strategy Package
Long Position:3410-3420
Trade active
Gold is gathering momentum, waiting to surge higher
Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
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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.
Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
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.