XAUUSD/USOIL:The bear is about to fight back
Updated
https://www.tradingview.com/x/lsL1VKLz/
After this sharp rise, the 1h chart once again showed a top divergence, with supports located at 2039, 2031, and 2023. The market is very close to the high of 2076, so long transactions should be cautious. My trading today will be mainly short positions.
At the same time, some will be reserved for waiting around 2020. If your account has enough margin, you can also do this.
In addition, there is EIA data today, which has a high probability of being negative for OIL. If you want to participate in this data market, you can consider shorting. Since the data market is highly volatile, I hope everyone can control risks during the transaction to ensure the safety of the account!
good luck!
After this sharp rise, the 1h chart once again showed a top divergence, with supports located at 2039, 2031, and 2023. The market is very close to the high of 2076, so long transactions should be cautious. My trading today will be mainly short positions.
At the same time, some will be reserved for waiting around 2020. If your account has enough margin, you can also do this.
In addition, there is EIA data today, which has a high probability of being negative for OIL. If you want to participate in this data market, you can consider shorting. Since the data market is highly volatile, I hope everyone can control risks during the transaction to ensure the safety of the account!
good luck!
Trade active
Watch out for resistance in 2047Trade active
The current technical form is in favor of the bears, with resistance near 2047 and support near 2035. Trading continues to be dominated by shorts. In addition, there is initial unemployment benefit data today, and there are also some speeches that will have a greater impact on the market.so, the fluctuations should be relatively large today. Please pay attention to controlling risks during trading and protect your accounts.
good luck!
Trade active
selltp 2036-2029
Trade active
Shorts profit, watch for 2039 resistanceTrade active
It’s been a long time since we’ve seen a market like today
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.