5.22 Gold Market
Gold rebounded three times in a row on the daily line, and the daily line returned to the high range. The price jumped up and down around the moving average indicator and failed to form a single side. The current sawing is also to accumulate momentum to form a single side. Whether it is a retracement to start rising or three highs and falls needs further confirmation.
Gold has risen by more than 100 points in two days and 150 points in the week. At present, the bullish sentiment is particularly optimistic. The 4-hour and 1-hour Bollinger bands are both running upward, and the moving average is arranged in a bullish pattern; the daily line has risen strongly for three consecutive days. It should be noted that there will be a lot of short pressure near 3350.
Today's strategy
BUY: Near 3300
SL:3293
TP:3240
SELL:3343
SL:3350
TP:3330
Thank you for your attention. I hope my analysis can help you.
Gold rebounded three times in a row on the daily line, and the daily line returned to the high range. The price jumped up and down around the moving average indicator and failed to form a single side. The current sawing is also to accumulate momentum to form a single side. Whether it is a retracement to start rising or three highs and falls needs further confirmation.
Gold has risen by more than 100 points in two days and 150 points in the week. At present, the bullish sentiment is particularly optimistic. The 4-hour and 1-hour Bollinger bands are both running upward, and the moving average is arranged in a bullish pattern; the daily line has risen strongly for three consecutive days. It should be noted that there will be a lot of short pressure near 3350.
Today's strategy
BUY: Near 3300
SL:3293
TP:3240
SELL:3343
SL:3350
TP:3330
Thank you for your attention. I hope my analysis can help you.
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.
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.