Yesterday, Trump announced a breakthrough trade agreement with the UK. As a result, the US dollar index rebounded rapidly and gold fell accordingly.
Yesterday, our strategy was to buy at 3330, and the gold price just touched TP3370 and began to fall.
And 3330 has now turned from support to resistance, so whether the gold trend will break through 3330 becomes particularly important.
Once gold breaks through and stabilizes at 3330, it is very likely to touch 3350. Otherwise, if it cannot cross 3330, it will maintain a low consolidation and even fall to a new low.
Yesterday, our strategy was to buy at 3330, and the gold price just touched TP3370 and began to fall.
And 3330 has now turned from support to resistance, so whether the gold trend will break through 3330 becomes particularly important.
Once gold breaks through and stabilizes at 3330, it is very likely to touch 3350. Otherwise, if it cannot cross 3330, it will maintain a low consolidation and even fall to a new low.
Trade active
Gold stands firm at 3330, you can look for opportunities to go long on gold
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:
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👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
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
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.