Gold fell back after reaching a high this week, and the highest reached 3500, which was under pressure. The weekly line finally closed with a Yin cross star. It is expected to be a wide sweep range next week, and the overall range will remain at 3370-3260. After breaking through, it will follow the trend. The daily line has bottomed out and rebounded, and the rebound strength is also strong. Finally, it closed with a long lower shadow Yin line. The repeated sweep of hundreds of points is still the main tone. There is no clear direction signal. The upper pressure is around 3348. If the rebound continues at the opening next week, pay attention to this position. If it breaks through, look at 3370-80. Pay attention to the support below 3288 and 3260. Treat it as a shock in operation, and try to participate in the band near the key position!
Operation suggestion: Gold is long near 3285-95, and look at 3325 and 3248! Shorting is possible if the upper 3248 pressure is not broken!
Operation suggestion: Gold is long near 3285-95, and look at 3325 and 3248! Shorting is possible if the upper 3248 pressure is not broken!
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Gold fell after a brief surge at the opening. An accurate hit at the opening. The current gold trend is a high and volatile market, and it is also a callback process of the daily MACD indicator falling back. It will fluctuate and fall in the short term, and the overall high-level oscillation consolidation.The upper pressure of gold is 3350, 3360, and 3370, and the greater pressure is near 3380; the lower support is 3290, 3280, and 3270, and the stronger support is near 3247; the following operation suggestions are given at present.
Operation suggestion: wait for a decline to around 3290-3280 to go long, short-term 3320-30, target 3350-60.
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For every friend who proposes cooperation, I will do my best and use my professional strength to help you make profits. I have helped many members achieve stable profits. Join the Telegram group and start your journey of making https://money.https://t.me/TP_Dani
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.