Gold opened near 3310 today, and fell under pressure after reaching a high of 3321, which was in line with our previous prediction of the short-selling layout in the 3320-25 area. We successfully entered the short order and successfully stopped profit at 3305. Then the market was supported and stabilized near 3296. We decisively went long and also realized profit.
From the current trend, the short-term suppression during the day is still focused on the 3320-3325 line, and the key suppression area is around 3338-3345. Gold closed in an inverted hammer shape last week. From a technical point of view, the rebound is still mainly short-selling. If you are not in a good rhythm in gold trading recently, welcome to communicate and reduce unnecessary trial and error.
【Short-term technical analysis】
The upper short-term pressure focuses on the 3320-3325 area. If it rebounds to this point, it will be short first and look for a decline. If it rises strongly to the 3338-3345 range, it will still be the focus of short positions. The lower support focuses on the 3295-3285 area. The overall strategy of "high-short-low-long" is maintained. It is not recommended to frequently chase orders in the middle position. Be patient and wait for key point signals. I will remind you of the specific entry and exit plan during the session. It is recommended to pay attention in time.
【Gold operation strategy】
1. Go short first at the rebound 3320-3325 line. If it touches the 3338-3345 area, you can cover your position and go short. The target is 3306-3295. If it breaks, continue to hold and look down.
From the current trend, the short-term suppression during the day is still focused on the 3320-3325 line, and the key suppression area is around 3338-3345. Gold closed in an inverted hammer shape last week. From a technical point of view, the rebound is still mainly short-selling. If you are not in a good rhythm in gold trading recently, welcome to communicate and reduce unnecessary trial and error.
【Short-term technical analysis】
The upper short-term pressure focuses on the 3320-3325 area. If it rebounds to this point, it will be short first and look for a decline. If it rises strongly to the 3338-3345 range, it will still be the focus of short positions. The lower support focuses on the 3295-3285 area. The overall strategy of "high-short-low-long" is maintained. It is not recommended to frequently chase orders in the middle position. Be patient and wait for key point signals. I will remind you of the specific entry and exit plan during the session. It is recommended to pay attention in time.
【Gold operation strategy】
1. Go short first at the rebound 3320-3325 line. If it touches the 3338-3345 area, you can cover your position and go short. The target is 3306-3295. If it breaks, continue to hold and look down.
Trade active
Gold rebounded in place, 3325 line short orders were accurately entered again, and the profit was successfully stopped as expected, with a clear rhythm and in-place execution! Congratulations to the brothers who adhered to the strategy and made steady profits again. In the market fluctuations, the key is to see accurately and move quickly. For the next opportunity, continue to pay attention to the upper suppression area.Trade closed: target reached
The market still maintains a large range of fluctuations. We keep a steady rhythm, insist on selling high and buying low, and decisively attack in both directions of long and short positions. We use actual trading results to demonstrate the true "steady, accurate and ruthless". There is no luck, only execution. Keep up with the rhythm and reap the rewards together!Profit is the appropriate standard to test strength. No matter how professional the analysis report is, or how deeply the article reads, it cannot change our goal of pursuing profit. The wise are practical, the foolish fight for fame. Analysts are not writers, and they do not need fancy words to impress their clients. They only need to prove themselves with profits. The market is unpredictable. Excellent analysts try their best to grasp every wave of the market and give back to everyone, so that you can face the market calmly.
As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
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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.
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.