Yesterday, it was clearly pointed out that the pressure position after the rebound is 3255-3270. Today, due to the oversold influence of XAUUSD, it rebounded to a high of 3258. In terms of operation, it is still mainly chosen to sell. Today is the "third day" deadline. If the impact of geopolitics continues to be suspended. It is expected that XAUUSD will fall by $100/ounce today.
There have been some oversold rebounds in the Asian market XAUUSD. Beware of the market's inducement to buy more. So 3260-3270 continues to be mainly sold.
TP1 3230-3220.
TP2 3170-3160
Trade active
The decline did not meet my expectations. The highest price of the day was around 3269. The lowest was around 3240. The target price was not accurately reached. There are some regrets.Trade closed: target reached
The market is about to close. Have you executed the sell XAUUSD/GOLD transaction? The first TP point has been reached perfectly. Every follow-up is a process of profit accumulation. How to trade in the future? The band analysis circle will continue to publish some real-time news/real-time trading opportunities. Stay tuned. If you have any questions, you can leave me a message at any time.
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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.