From a technical perspective, the short-term bearish trend of gold is significant. On Wednesday, gold prices failed to hit the 3325 line several times, highlighting the strong resistance level in this area. In the four-hour analysis, the 3280-3270 range constitutes a key support. If it effectively falls below it, it may open up a deeper correction space; on the contrary, if it stands firm, it will maintain a volatile pattern. The current operation strategy is mainly high-altitude, focusing on short-selling opportunities after the rebound.
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More than 85% of trading signals
100% profitable account management
No fees required before making a profit
More than 85% of trading signals
100% profitable account management
No fees required before making a profit
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.