Today's gold price: continue to go long at low levels
Yesterday's gold price long order was 3325 lots, and it rose as expected today.
It is still in a volatile pattern.
Next, continue to wait for low-priced long positions.
Focus on testing the effectiveness of the support level near 3330 and the effectiveness of the pressure level near 3345.
The gold oscillation and sawing pattern has not changed, and the European and American markets are still viewed with a volatile mindset.
4H cycle:
The continuous structure is still a wide range of oscillations, and the key support and pressure levels have not been completely broken.
Intraday operations are mainly based on the idea of pattern card point oscillation.
Upper pressure focus: 3345, 3360
Lower support focus: 3330, 3310
Operation ideas:
The author still insists on the idea of going long at low prices in the oscillation pattern.
BUY1: 3330
BUY2: 3325
BUY3: 3320
SL: 3310
TP: 3340---3350--3360---3380-3400
Today's focus:
US June PPI data (if it exceeds expectations, it may further suppress expectations of interest rate cuts)
Fed officials' speeches (pay attention to policy direction).
Trade war progress (if tariff conflicts escalate, gold may usher in safe-haven buying)
Yesterday's gold price long order was 3325 lots, and it rose as expected today.
It is still in a volatile pattern.
Next, continue to wait for low-priced long positions.
Focus on testing the effectiveness of the support level near 3330 and the effectiveness of the pressure level near 3345.
The gold oscillation and sawing pattern has not changed, and the European and American markets are still viewed with a volatile mindset.
4H cycle:
The continuous structure is still a wide range of oscillations, and the key support and pressure levels have not been completely broken.
Intraday operations are mainly based on the idea of pattern card point oscillation.
Upper pressure focus: 3345, 3360
Lower support focus: 3330, 3310
Operation ideas:
The author still insists on the idea of going long at low prices in the oscillation pattern.
BUY1: 3330
BUY2: 3325
BUY3: 3320
SL: 3310
TP: 3340---3350--3360---3380-3400
Today's focus:
US June PPI data (if it exceeds expectations, it may further suppress expectations of interest rate cuts)
Fed officials' speeches (pay attention to policy direction).
Trade war progress (if tariff conflicts escalate, gold may usher in safe-haven buying)
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.