Gold Spot / U.S. DollarUpdated Today's gold price: Buy at low prices, target 2772
Today's gold price: Buy at low prices, target 2772
1.29 Gold was still in line with expectations yesterday. We did not see a reversal, but just treated it as an adjustment.
The trend will only reverse when the daily line breaks the rising trend line continuously.
Yesterday's operation was relatively strong, and finally closed with a bald positive line. Today, we continue to treat it as a decline and warming.
The daily support moved up to 2740. If there is a shock, rely on this point to buy.
In the 4H cycle:
The rise broke through the middle track, but there is no sign of opening
Therefore, we are mainly bullish during the day. The 1H cycle support is near 2751. In terms of intraday operations, the decline depends on the support to buy more, and then look at 2765 and 2772!
Operation suggestion: Gold is long near 2754, stop loss 2746, target 2765, 2772!
1.29 Gold was still in line with expectations yesterday. We did not see a reversal, but just treated it as an adjustment.
The trend will only reverse when the daily line breaks the rising trend line continuously.
Yesterday's operation was relatively strong, and finally closed with a bald positive line. Today, we continue to treat it as a decline and warming.
The daily support moved up to 2740. If there is a shock, rely on this point to buy.
In the 4H cycle:
The rise broke through the middle track, but there is no sign of opening
Therefore, we are mainly bullish during the day. The 1H cycle support is near 2751. In terms of intraday operations, the decline depends on the support to buy more, and then look at 2765 and 2772!
Operation suggestion: Gold is long near 2754, stop loss 2746, target 2765, 2772!
Trade active
Trade closed: target reached
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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.