Gold will continue to rise to 3040-3045 today
Gold opened at 3024 today, rose to 3026 briefly, and then fell under pressure, hitting the intraday low of 3013.
Then the gold price stabilized at a low level and is currently hovering around 3025.
The European session focuses on the upper resistance range of 3030-3035.
From a technical point of view, if the gold price can effectively break through this resistance, it is expected to further climb to a high of 3045.
The lower support is in the solid area of 3013-3009.
The gold market still maintains a bullish trend in the long term, and it is recommended to continue buying on dips in the medium and long term.
It is expected that the European session will fall into high-level fluctuations.
In terms of operation, it is recommended to try to buy on dips with a light position.
Operation strategy 1: It is recommended to buy more near 3020, stop loss at 3012, target 3035-3045, and break to 3050.
Gold opened at 3024 today, rose to 3026 briefly, and then fell under pressure, hitting the intraday low of 3013.
Then the gold price stabilized at a low level and is currently hovering around 3025.
The European session focuses on the upper resistance range of 3030-3035.
From a technical point of view, if the gold price can effectively break through this resistance, it is expected to further climb to a high of 3045.
The lower support is in the solid area of 3013-3009.
The gold market still maintains a bullish trend in the long term, and it is recommended to continue buying on dips in the medium and long term.
It is expected that the European session will fall into high-level fluctuations.
In terms of operation, it is recommended to try to buy on dips with a light position.
Operation strategy 1: It is recommended to buy more near 3020, stop loss at 3012, target 3035-3045, and break to 3050.
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Enjoy life, enjoy trading
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.
Telegram: t.me/+IVt6eHrHm84wYWE5
Enjoy life, enjoy trading
Enjoy life, enjoy trading
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.