📰 Impact of news:
1. The interest rate remains unchanged and leads to new lows in the short term
2. Geopolitical tensions provide support for risk aversion
📈 Market analysis:
Due to the early closing yesterday, the volatility of the US market was limited and the market seemed relatively flat. From a technical perspective and the current trend, 3340 is a key defensive support level. If it retreats to this level, you can consider going long. If the gold price continues to rise and reaches 3375, from the perspective of trading strategy, you can choose to place a short order here. Focus on the resistance line of 3370-3375 during the day, and pay attention to the support of 3345-3335 below.
🏅 Trading strategies:
SELL 3370-3375
TP 3360-3355-3345
BUY 3345-3335
TP 3360-3370
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD
1. The interest rate remains unchanged and leads to new lows in the short term
2. Geopolitical tensions provide support for risk aversion
📈 Market analysis:
Due to the early closing yesterday, the volatility of the US market was limited and the market seemed relatively flat. From a technical perspective and the current trend, 3340 is a key defensive support level. If it retreats to this level, you can consider going long. If the gold price continues to rise and reaches 3375, from the perspective of trading strategy, you can choose to place a short order here. Focus on the resistance line of 3370-3375 during the day, and pay attention to the support of 3345-3335 below.
🏅 Trading strategies:
SELL 3370-3375
TP 3360-3355-3345
BUY 3345-3335
TP 3360-3370
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD Trade active
Let’s just speak with facts and results. We have firmly grasped both long and short transactions. Bros, have you kept up with my trading rhythm?
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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.
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.