xauusd:Today’s trend analysis and operation strategy
Updated
https://www.tradingview.com/x/m9cu8THm/
At present, gold has hit a new high recently, touching the 2051 line, demonstrating a strong upward momentum. It is expected that the market will continue its upward momentum, and we need to pay attention to the possible suppression of the 2070-2080 line above. When this level is first reached, the market may experience some correction. Judging from the daily chart of gold, the daily K stochastic indicator is in a golden cross state, sending a main long signal. The indicator shows no signs of a dead cross, does not support a plunge, and does not show signs of a trend reversal. Therefore, it is recommended to continue to choose to follow the trend of short and long, and the support position is 2030-2035.
The current main direction of gold is still the bullish trend. The retracement is to give the opportunity to go long. The operation follows the trend of the long retracement principle. The support positions are 2017-2033-2040. You can follow the trend in the short term within the day; the support may not necessarily be I'll give it to you because it can rise sideways. For example, yesterday was a typical sideways rise. The pressure above gold is 2060-2070, and further pressure is on the 2080 line.
Gold operation strategy: It is recommended to go long after falling back to 2035-2037, stop loss at 2030, and target 2047-2050;
At present, gold has hit a new high recently, touching the 2051 line, demonstrating a strong upward momentum. It is expected that the market will continue its upward momentum, and we need to pay attention to the possible suppression of the 2070-2080 line above. When this level is first reached, the market may experience some correction. Judging from the daily chart of gold, the daily K stochastic indicator is in a golden cross state, sending a main long signal. The indicator shows no signs of a dead cross, does not support a plunge, and does not show signs of a trend reversal. Therefore, it is recommended to continue to choose to follow the trend of short and long, and the support position is 2030-2035.
The current main direction of gold is still the bullish trend. The retracement is to give the opportunity to go long. The operation follows the trend of the long retracement principle. The support positions are 2017-2033-2040. You can follow the trend in the short term within the day; the support may not necessarily be I'll give it to you because it can rise sideways. For example, yesterday was a typical sideways rise. The pressure above gold is 2060-2070, and further pressure is on the 2080 line.
Gold operation strategy: It is recommended to go long after falling back to 2035-2037, stop loss at 2030, and target 2047-2050;
Trade active
More signals ↓↓↓↓↓↓Trade active
Trade active
Trade active
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.