Yesterday's D1 candle was still a balance candle closing below the important breakout zone 3347. Today's Asian session, strong buying pressure pushed the price back close to the important resistance zone in shaping the trend.
3326 is also worth noting in the European session, so wait for price reaction to BUY, but in the US session, there is CPI news, this zone will be difficult to maintain. The breakout zone 3310 is also very important to wait for price reaction for BUY scalping points. 3295 is an important daily support zone. If there is a price slide from 3295, do not BUY until it touches the support zone 3275.
In the opposite direction of today's Break 3345, wait for 3363-3365 to SELL. The 3345 zone is considered a Breakout zone when broken to trade BUY.
Support: 3310-3295-3275
Resistance: 3364-3380
3326 is also worth noting in the European session, so wait for price reaction to BUY, but in the US session, there is CPI news, this zone will be difficult to maintain. The breakout zone 3310 is also very important to wait for price reaction for BUY scalping points. 3295 is an important daily support zone. If there is a price slide from 3295, do not BUY until it touches the support zone 3275.
In the opposite direction of today's Break 3345, wait for 3363-3365 to SELL. The 3345 zone is considered a Breakout zone when broken to trade BUY.
Support: 3310-3295-3275
Resistance: 3364-3380
Trade active
Unfortunately the price only touched 3361 but not the resistance 3365.Trade closed: target reached
As analyzed Gold break 3345 and is trading around 3375
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☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
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.