Yesterday I said that gold is overbought, and the war is not currently expanding, so the technical indicators have begun to gradually recover.
Now, we are trading based on last week's high of 1932, and yesterday's low of 1908, and the important boundary point of 1905.
Trading advice:
Xauusd:sell 1924-1930 TP:1918-1912 SL:1935
Xauusd:buy 1903-1908 TP:1918-1924 SL:1898
Gold reached the above point for the first time today and can be traded immediately.
The above suggestions are used as a reference for trading. Radicals and cautious people can adjust the trading position by themselves.
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Note
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If you trade, you are now profitableNote
If you can't break through the previous high, it's still not an upward trend.
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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.