Gold rose and fell yesterday due to the influence of CPI data, and fluctuated violently during the session. There were obvious signs of a wash. In the evening, it rose again driven by the news, closed positive on the daily line, continued its strong upward trend at the opening and set a new high, showing an obvious bullish pattern. The overall structure maintains the bullish idea of low-long and trend-following.
From the 4H cycle, gold rose continuously after stepping back and stabilizing the middle track. The moving average system showed a bullish arrangement, and the Bollinger band opened and expanded, further confirming the continuation of the strong pattern. However, the current price is still running within the triangle convergence range, and has not yet effectively broken. It is not advisable to blindly chase more in the short term.
In terms of operation, it is recommended to take the step back and do more. Pay attention to the short-term support below the 3360-3358 range, and focus on the 3350-3340 range. You can rely on the support to arrange long orders in batches. Pay attention to the 3389 and 3400 areas on the upper short-term pressure. If the high is weak, you can try short-selling in combination with the actual trend.
Operation suggestion: It is recommended to buy gold near 3340-3350, and the target is 3366 and 3382. If it is strong, it is recommended to buy gold at the support of 3358-3360!
All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
From the 4H cycle, gold rose continuously after stepping back and stabilizing the middle track. The moving average system showed a bullish arrangement, and the Bollinger band opened and expanded, further confirming the continuation of the strong pattern. However, the current price is still running within the triangle convergence range, and has not yet effectively broken. It is not advisable to blindly chase more in the short term.
In terms of operation, it is recommended to take the step back and do more. Pay attention to the short-term support below the 3360-3358 range, and focus on the 3350-3340 range. You can rely on the support to arrange long orders in batches. Pay attention to the 3389 and 3400 areas on the upper short-term pressure. If the high is weak, you can try short-selling in combination with the actual trend.
Operation suggestion: It is recommended to buy gold near 3340-3350, and the target is 3366 and 3382. If it is strong, it is recommended to buy gold at the support of 3358-3360!
All recent trading strategies and ideas have been realized, and the point predictions are accurate. If your current gold operation is not ideal, we hope to help you avoid detours in your investment. Welcome to communicate with us!
Trade active
As expected in the trading plan, gold rebounded quickly after accurately stepping back to the 3340 area during the accelerated downward trend, successfully triggering the preset long strategy, and has now entered the profit release stage. The overall trend is highly consistent with the prediction, the market rhythm and structural evolution are within the controllable expectations, and the trend judgment remains consistent. This round of operations once again verified the systematic importance of the three elements of trading - planning, execution and risk control. Every entry is based on clear logical deduction, and every stop-profit and stop-loss is strictly based on a discipline system, not emotion-driven. The next operation will continue to adjust the rhythm of holding positions according to the evolution of the market structure. Emphasize capital protection on the basis of profitability. For traders with low risk appetite, it is recommended to take profits in stages and lock in the floating profit part structurally to ensure the steady upward trend of the account curve.Trade closed: target reached
This round of gold long orders perfectly matches the strategy signal. Long orders are accurately entered in the key support range, and the market rises accordingly, hitting the profit target. The income is stable, and the strategy execution is verified again.Congratulations to all the brothers who followed the signal and executed firmly, successfully realized this round of profit, and secured the profit steadily. The market fluctuates and is complex, but as long as you stick to the trading plan and control the risks well, you can move forward steadily in every opportunity, seize the high probability of entering the market, and achieve continuous compound interest.
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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.
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.