Gold will break through 3360 points
Big cycle direction: Weekly, daily and four-hour cycles all show bullish trends, medium-term target: 3400 points
Intraday trend: Oscillating upward under bullish trend, operating range: 3300-3365 points.
Key price:
Upper resistance: 3360-3365 (strong intraday resistance, breakthrough will open up 3400 upside)
Secondary resistance: 3335-3340 (break through in the early trading and turn into support)
Lower support: 3325-3320 (short-term bullish defense position)
Core support: 3300-3295 (verified in the Asian session, bullish strong rebound area)
Multi-cycle resonance bullish:
Daily line: Lianyang pattern is established, medium-term target: 3400.
Hourly chart: Confirm that the 3300 area support is valid.
The early morning rebound completely recovered the losses of the previous day, and the magnitude exceeded expectations, indicating that the bulls have accumulated enough strength.
Operation strategy
Main direction: long on pullback
Entry area: 3320-3325 (light position), around 3300 (add position)
Stop loss: below 3295
Target: 3360→3365 (break through and hold 3400)
Auxiliary direction: rebound high (caution)
Trigger condition: 3360-3365 under pressure, reversal K-line appears
Stop loss: above 3370
Target: 3330-3340
Risk warning
Influence of news: This week is the non-agricultural data week, and volatility will increase from Wednesday. Focus:
US ADP employment data (Wednesday), non-agricultural report (Friday)
Changes in Fed policy expectations
Big cycle direction: Weekly, daily and four-hour cycles all show bullish trends, medium-term target: 3400 points
Intraday trend: Oscillating upward under bullish trend, operating range: 3300-3365 points.
Key price:
Upper resistance: 3360-3365 (strong intraday resistance, breakthrough will open up 3400 upside)
Secondary resistance: 3335-3340 (break through in the early trading and turn into support)
Lower support: 3325-3320 (short-term bullish defense position)
Core support: 3300-3295 (verified in the Asian session, bullish strong rebound area)
Multi-cycle resonance bullish:
Daily line: Lianyang pattern is established, medium-term target: 3400.
Hourly chart: Confirm that the 3300 area support is valid.
The early morning rebound completely recovered the losses of the previous day, and the magnitude exceeded expectations, indicating that the bulls have accumulated enough strength.
Operation strategy
Main direction: long on pullback
Entry area: 3320-3325 (light position), around 3300 (add position)
Stop loss: below 3295
Target: 3360→3365 (break through and hold 3400)
Auxiliary direction: rebound high (caution)
Trigger condition: 3360-3365 under pressure, reversal K-line appears
Stop loss: above 3370
Target: 3330-3340
Risk warning
Influence of news: This week is the non-agricultural data week, and volatility will increase from Wednesday. Focus:
US ADP employment data (Wednesday), non-agricultural report (Friday)
Changes in Fed policy expectations
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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.
💸Free signal：t.me/+mXGe9RqxR2QwNjdk
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.