4.13 Gold Situation Analysis
Yesterday, gold was affected by the implementation of Sino-US tariffs and the ceasefire between India and Pakistan, and the daily line was negative. After yesterday's adjustment, it is still rising slowly today and it is not expected that a new bottom will appear today. After yesterday's adjustment, it is still slowly rising and adjusting today. It is estimated that there will be no new bottom today. Affected by the overall upward trend, the daily trend will rise slowly, but if you want to break through 3290, you still need to wait and see.
Upper resistance level 3270/3290 Lower support level 3240/3225
BUY: 3250
SL: 3240
TP: 3380
SELL: 3280
SL: 3290
TP: 3260
Thank you for your attention, I hope my analysis can help you.
Yesterday, gold was affected by the implementation of Sino-US tariffs and the ceasefire between India and Pakistan, and the daily line was negative. After yesterday's adjustment, it is still rising slowly today and it is not expected that a new bottom will appear today. After yesterday's adjustment, it is still slowly rising and adjusting today. It is estimated that there will be no new bottom today. Affected by the overall upward trend, the daily trend will rise slowly, but if you want to break through 3290, you still need to wait and see.
Upper resistance level 3270/3290 Lower support level 3240/3225
BUY: 3250
SL: 3240
TP: 3380
SELL: 3280
SL: 3290
TP: 3260
Thank you for your attention, I hope my analysis can help you.
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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.