📌 Gold Technical Analysis & Operation Strategy Update
Gold bottomed out and rebounded as expected, and the trend basically met recent expectations - oscillating upward around the support range below.
💡 Key Point Review
Today, gold opened at around 3300, with a minimum of 3291, and then rebounded, reaching a maximum of 3325. The overall trend still fluctuates within the range, with strong support below and obvious suppression above, and the overall performance is a narrow range of fluctuations.
📉 4-hour chart analysis
Support focus: 3285-3295 area
Pressure focus: 3330-3340 area
Short-term long-short watershed: 3275-3283 line
🔎 Before effectively falling below the watershed, it is still mainly seen as range fluctuations, and the high-altitude low-multiple strategy continues to be implemented.
📈 Operation strategy suggestions
1️⃣ Try to go long with a light position if the price falls back to 3295-3300
2️⃣ If the price falls back to 3280-3285, you can add to your position appropriately
🎯 Target focus: 3316-3320, and look to 3330-3340 after breaking through
⚠️ Risk control suggestions: strictly set stop loss, control position, and prevent the risk of range breakout.
Gold bottomed out and rebounded as expected, and the trend basically met recent expectations - oscillating upward around the support range below.
💡 Key Point Review
Today, gold opened at around 3300, with a minimum of 3291, and then rebounded, reaching a maximum of 3325. The overall trend still fluctuates within the range, with strong support below and obvious suppression above, and the overall performance is a narrow range of fluctuations.
📉 4-hour chart analysis
Support focus: 3285-3295 area
Pressure focus: 3330-3340 area
Short-term long-short watershed: 3275-3283 line
🔎 Before effectively falling below the watershed, it is still mainly seen as range fluctuations, and the high-altitude low-multiple strategy continues to be implemented.
📈 Operation strategy suggestions
1️⃣ Try to go long with a light position if the price falls back to 3295-3300
2️⃣ If the price falls back to 3280-3285, you can add to your position appropriately
🎯 Target focus: 3316-3320, and look to 3330-3340 after breaking through
⚠️ Risk control suggestions: strictly set stop loss, control position, and prevent the risk of range breakout.
Trade active
Today's gold trend is basically in line with expectations. Both waves of resistance short orders have been closed and exited. Friends who followed have successfully closed and exited. ✅ The support range (3295-3300) has been verified to be effective again, and bullish momentum is accumulating. Following the strategy to step back and go long has begun to have good returns. Now the key is whether it can effectively break through the 3330-3340 pressure zone. If it stands above this range, gold is expected to start a new round of rising market 📈, waiting for the market to further develop 💪.Short-term volatility, but the rhythm is accurate, there are still many opportunities! Continue to maintain the idea of high-altitude and low-multiple, and respond flexibly. Brothers and sisters who are concerned, communicate together, don't miss this opportunity! 🔥💬
Trade closed: target reached
We have arranged long orders near 3298, and the market's short-term impulse can be weakened. We decisively stopped profit near 3307 and left the market with a small profit, strictly implementing the principle of "quit when you see good".The recent market has a clear rhythm of fluctuations and an unclear trend. Although there are many opportunities, the rhythm is extremely demanding. We continue to adhere to the following in terms of operation:
✅ High-altitude and low-multiple thinking is dominant
✅ Rhythm first, warehouse control is the basis
✅ Short-term fast entry and exit, defense is the main
The market will never lack opportunities, but the market will not wait for you to be ready. Only traders who are prepared and disciplined can cross the fluctuations and move forward steadily.
⏳ Brothers who have not kept up with the rhythm, don't worry, what you missed is the rhythm, not the market. Grasp the logic + execution next time, and the market will naturally give you a chance.
📌 Continue to focus on strategy execution, control emotions, and be patient.
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.
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.