Continue to buy today, rely on the 5-day moving average to enter the market, and rely on the 10-day moving average to continue to be bullish at the extreme position. From the perspective of the morphological structure, the upper trend line pressure is around 3036, and the 4-hour level market is consolidating at a high level!
The high point of the daily chart continues to break through, which is an unstoppable rhythm. At the same time, the K line runs at a high level of 2990-3000. This is a sign of laying a solid foundation, sitting firmly at the bottom, and the moving average continues to run upward, which is also close to vertical upward. Wait for a decline to continue buying more!
At present, gold is still bullish and strong. As long as there is a chance to fall back, we will buy it. It is easiest to trade with the trend.
Key points:
First support: 2993, second support: 2982, third support: 2968
First resistance: 3016, second resistance: 3028, third resistance: 3040
Operation ideas:
Buy: 2988-2990, SL: 2981, TP: 3010-3020;
Sell: 3016-3018, SL: 3027, TP: 2300-2990;
The high point of the daily chart continues to break through, which is an unstoppable rhythm. At the same time, the K line runs at a high level of 2990-3000. This is a sign of laying a solid foundation, sitting firmly at the bottom, and the moving average continues to run upward, which is also close to vertical upward. Wait for a decline to continue buying more!
At present, gold is still bullish and strong. As long as there is a chance to fall back, we will buy it. It is easiest to trade with the trend.
Key points:
First support: 2993, second support: 2982, third support: 2968
First resistance: 3016, second resistance: 3028, third resistance: 3040
Operation ideas:
Buy: 2988-2990, SL: 2981, TP: 3010-3020;
Sell: 3016-3018, SL: 3027, TP: 2300-2990;
Trade active
It fell from 3017 to 3006. It has made a profit of 11$Trade closed manually
Today's sharing is correct. Gold fell from 3017 to 3006.After reaching 3017 again, we bought gold and made a profit from the breakthrough. For more free sharing please check my profile
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🥇My free Telegram group(Updated daily):
t.me/JungoldAnalyst
✅Contact me
t.me/JunCopytrader
t.me/JungoldAnalyst
✅Contact me
t.me/JunCopytrader
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.