Gold price range oscillates (3260-3360)
As shown in Figure 4h:
Strong pressure zone: around 3360
Strong support: around 3260
Regional midline: ray 3
Regional support line: ray 2
Bull-bear watershed: 3330-3340
Next week, both long and short strategies have opportunities
Short strategy:
Continue to bearish gold price below 3340, short at high point, stop loss range: 3360-3370. The stop loss span is large, suitable for secondary entry short layout, be sure to control the order ratio.
Long strategy:
1: Wait until the gold price falls to the 3360-3340 range to go long, stop loss 3340-3330 (this strategy requires patience to wait for the opportunity)
2: Wait until Line 3 stands above 3340, go long at the low gold price, stop loss 3330-3335. (This strategy also requires patience to wait for the opportunity)
The last digression:
Do you want to fight Trump?
My answer is: I want to be Trump too
As shown in Figure 4h:
Strong pressure zone: around 3360
Strong support: around 3260
Regional midline: ray 3
Regional support line: ray 2
Bull-bear watershed: 3330-3340
Next week, both long and short strategies have opportunities
Short strategy:
Continue to bearish gold price below 3340, short at high point, stop loss range: 3360-3370. The stop loss span is large, suitable for secondary entry short layout, be sure to control the order ratio.
Long strategy:
1: Wait until the gold price falls to the 3360-3340 range to go long, stop loss 3340-3330 (this strategy requires patience to wait for the opportunity)
2: Wait until Line 3 stands above 3340, go long at the low gold price, stop loss 3330-3335. (This strategy also requires patience to wait for the opportunity)
The last digression:
Do you want to fight Trump?
My answer is: I want to be Trump too
Free signal: t.me/+o41UC5o15H8zNTcx
Professional trader
love life
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create wealth
Professional trader
love life
enjoy trading
create wealth
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/+o41UC5o15H8zNTcx
Professional trader
love life
enjoy trading
create wealth
Professional trader
love life
enjoy trading
create wealth
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.