In the previous article, our bullish strategy successfully took profits near 3030 and successfully won 8 consecutive victories.
I have repeatedly emphasized the resistance level at 3030 and 3038 in the past few days. If it cannot be exceeded, it will fall into adjustment again. Sure enough, gold has now pulled back to around 3015.
I think the retracement is for a better rise. 3015 is near the low of the last retracement and is also the support level of the lower Bollinger Band. I think this is where we can consider buying long positions again.
The target continues to be 3030. If the position is broken, it will be 3038.
If you don’t know where to enter the market, you can come to my group to get accurate trading signals
I have repeatedly emphasized the resistance level at 3030 and 3038 in the past few days. If it cannot be exceeded, it will fall into adjustment again. Sure enough, gold has now pulled back to around 3015.
I think the retracement is for a better rise. 3015 is near the low of the last retracement and is also the support level of the lower Bollinger Band. I think this is where we can consider buying long positions again.
The target continues to be 3030. If the position is broken, it will be 3038.
If you don’t know where to enter the market, you can come to my group to get accurate trading signals
Trade active
3015 is indeed a good support level. Gold has been trading sideways here for a long time. If it cannot fall, it will most likely start to rise.If you don’t know where to enter the market, you can come to my group to get accurate trading signals
Trade closed: target reached
The position we bought at 3015 was just closed at 3020. Today, the volatility during the US trading session was too small, so we will not wait. A small profit will be enough. We will plan a new signal tomorrow.If you don’t know where to enter the market, you can come to my group to get accurate trading signals
If you don’t know where to start trading, you can join the channel and get accurate trading signals
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
Related publications
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.
If you don’t know where to start trading, you can join the channel and get accurate trading signals
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
Related publications
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.