✅Short-term Key price points
🔴Upper resistance level:
-First: 3036-3038
-Second: 3045-3050
-Third: 3060+
🟢Lower support level:
-First: 3023-3025
-Second: 3018-3020
-Third: 3000-3005
✅Intraday trading strategies
🔰Long strategy:
Aggressive: 3020-3022 light position to try long (low support before the game), stop loss 3015, target 3035-3045;
Steady: 3005-3018 to arrange long orders in batches, stop loss 2998, target 3040-3050;
🔰Short strategy:
When it first touches 3045-3050, try short with light position, stop loss 3055, target 3030-3020;
If it quickly rises to 3060+ after the data, you can chase the short on the right side (stop loss 3070, target 3040).
✅Band strategy
🔰Long: If it pulls back to the 2980-3000 area, you can arrange long orders in the middle line, stop loss 2950, target 3100+;
🔰Short: Before confirming a drop below 2950 (trend line break), do not arrange medium and long-term short orders against the trend.
📛Risk warning
--Overbought divergence risk: Daily level RSI top divergence is initially apparent. If the price reaches a new high but the indicator is not synchronized, it is necessary to reduce the position to avoid risk.
--Before the interest rate decision: reduce the position to less than 10% to avoid excessive leverage exposure;
--After the interest rate decision: pay attention to the price breakthrough direction of the 3000-3050 range and follow the trend.
🔶The current market situation is in a high-risk state. Trading on your own may result in huge losses. Our professional guidance can help you avoid risks while obtaining continuous and stable profits🤝
🔴Upper resistance level:
-First: 3036-3038
-Second: 3045-3050
-Third: 3060+
🟢Lower support level:
-First: 3023-3025
-Second: 3018-3020
-Third: 3000-3005
✅Intraday trading strategies
🔰Long strategy:
Aggressive: 3020-3022 light position to try long (low support before the game), stop loss 3015, target 3035-3045;
Steady: 3005-3018 to arrange long orders in batches, stop loss 2998, target 3040-3050;
🔰Short strategy:
When it first touches 3045-3050, try short with light position, stop loss 3055, target 3030-3020;
If it quickly rises to 3060+ after the data, you can chase the short on the right side (stop loss 3070, target 3040).
✅Band strategy
🔰Long: If it pulls back to the 2980-3000 area, you can arrange long orders in the middle line, stop loss 2950, target 3100+;
🔰Short: Before confirming a drop below 2950 (trend line break), do not arrange medium and long-term short orders against the trend.
📛Risk warning
--Overbought divergence risk: Daily level RSI top divergence is initially apparent. If the price reaches a new high but the indicator is not synchronized, it is necessary to reduce the position to avoid risk.
--Before the interest rate decision: reduce the position to less than 10% to avoid excessive leverage exposure;
--After the interest rate decision: pay attention to the price breakthrough direction of the 3000-3050 range and follow the trend.
🔶The current market situation is in a high-risk state. Trading on your own may result in huge losses. Our professional guidance can help you avoid risks while obtaining continuous and stable profits🤝
Trade active
Today the FOMC will announce a summary of its interest rate resolution and economic expectations, while Federal Reserve Chairman Powell will hold a monetary policy press conference.The market expects that the current interest rate will remain unchanged with a high probability, and the focus will be on the policy statement and the guidance of the dot plot; if the dot plot suggests a delay in the rate cut cycle (hawkish signal), it may trigger a pullback in gold and a rebound in the US dollar; if Powell is worried about an economic recession or maintains the expectation of a rate cut in 2024 (dovish tendency), it may push gold prices to a record high. Be wary of increased volatility after the interest rate decision, and it is recommended to lighten positions or temporarily avoid data market conditions;
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.
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.