5.29 Gold Market
"The US Federal Court ruled that Trump's tariff policy on April 2 exceeded his authority" The geopolitical risk trend eased.
The monthly line tends to close with a cross star. In the 4H cycle, after the triangle convergence range contraction and consolidation, it broke down, and the Bollinger turned downward. The intraday pressure continued to be bearish, and the moving average pressure was at 3285. In terms of operation, it mainly relied on this position to rebound and short.
Intraday support level 3245 resistance level 3285
SELL: 3285
SL: 3290
TP: 3250
Thank you for your attention. I hope my analysis can help you.
"The US Federal Court ruled that Trump's tariff policy on April 2 exceeded his authority" The geopolitical risk trend eased.
The monthly line tends to close with a cross star. In the 4H cycle, after the triangle convergence range contraction and consolidation, it broke down, and the Bollinger turned downward. The intraday pressure continued to be bearish, and the moving average pressure was at 3285. In terms of operation, it mainly relied on this position to rebound and short.
Intraday support level 3245 resistance level 3285
SELL: 3285
SL: 3290
TP: 3250
Thank you for your attention. I hope my analysis can help you.
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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.
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.