The 4-hour moving average of gold began to turn around, and gold had a 4-hour double bottom structure, and gradually stabilized. Gold did not fall further, but gold only fell to the 2317 line and stabilized and rose again.
Note
The market is changing rapidly. Since gold has been strong in the short term and has hit new highs, we should adapt to market adjustments and go long after gold falls back.Note
You can go long near 2320Trade active
Note
The fall of the gold K-line is part of the market gaining momentum. The lower the compression, the higher the K-line will naturally rebound.Note
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Long orders are making profitsTrade active
Note
You can continue to be long after gold falls backTrade active
Trade active
Trade active
Note
Gold is also steadily gaining momentum, and the lows are also starting to rise. The overall market is relatively strong and volatile.Trade active
Note
Profits from gold long orders continue to expandNote
Gold has become a downward trend in 30 minutes, and the rebound can no longer reach new highs. Gold has fallen back after rising many times, and there are many resistances.Note
Note
Short gold near 2319, stop loss 2327Trade active
Note
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every dayNote
Gold short orders are making profitTrade active
Trade active
Note
The trading opinions I publish are for reference only. The actual opening and closing points of positions require your own judgmentNote
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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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.