Technically, the daily gold line continues to maintain its strength, setting a new record high. The daily chart maintains a bullish trend structure, and the price continues to run in the trend. At present, the MA10/7-day moving average continues to open and move up to 2977/3007, and the price runs along the upper track of the Bollinger Band. The RSI indicator stands above the 70 value and is close to the 80 value.
The short-term four-hour chart also keeps the price running on the upper track of the Bollinger Band, the moving average opens upward, and the price continues the MA10-day moving average and stops moving up to set a new record high. However, it should be noted that the RSI indicator has reached the 80 value, and there will be profit-taking today and tomorrow. The trading idea of gold today is still mainly to buy at low positions, and sell according to market conditions after the historical high.
Key points:
First support: 3044, second support: 3038, third support: 3023
First resistance: 3057, second resistance: 3068, third resistance: 3078
Operation ideas:
Buy: 3043-3046, SL: 3032, TP: 3060-3070;
Sell: 3073-3075, SL: 3084, TP: 3060-3050;
The short-term four-hour chart also keeps the price running on the upper track of the Bollinger Band, the moving average opens upward, and the price continues the MA10-day moving average and stops moving up to set a new record high. However, it should be noted that the RSI indicator has reached the 80 value, and there will be profit-taking today and tomorrow. The trading idea of gold today is still mainly to buy at low positions, and sell according to market conditions after the historical high.
Key points:
First support: 3044, second support: 3038, third support: 3023
First resistance: 3057, second resistance: 3068, third resistance: 3078
Operation ideas:
Buy: 3043-3046, SL: 3032, TP: 3060-3070;
Sell: 3073-3075, SL: 3084, TP: 3060-3050;
Trade active
Did you follow my buy signal? Profits have now been made.But gold has been fluctuating and tested 3045 several times today. If it falls below 3045, there will be a large drop. Please note
Trade closed manually
The market is not very volatile, buy to 3050. Then sell at 3050, a perfect signal 
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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.
🥇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.