GOLD-analyze
Updated
The geopolitical situation is still the biggest topic in the capital market this cycle. Conflicts in various regions in the Middle East are gradually increasing. Israel has launched a full-scale attack on the Gaza Strip. Neighboring countries have also begun to launch countermeasures against Israel. Large-scale conflicts are about to break out. Gold may increase in risk aversion in the future. Emotionally, everyone should be cautious about the temporary weak state. In the U.S. market, no important economic data was released today, and investors continued to pay attention to the speeches of other Federal Reserve officials.
In the short term, gold still fluctuates within a range, with no continuity in its rise and fall.
For temporary fluctuations, effective trading is mainly short-term, but always pay attention to breakthroughs with unilateral strength. For trading now, you need to set the SL larger. The important support today is around 2298-2303.
Buying is still the main focus today. The market changes rapidly. You need to adjust your strategy in time to follow the market trend so that you can ensure a certain profit.
What if you don't know how to trade? Join me as I analyze and provide ideas every day
Note
Today's strategy is correctNote
The recent gold market has no continuity, guarantee profitsNote
I will continue to share my thoughts tomorrowNote
Gold has been fluctuating this week. The number of unemployed people in the United States was announced today at 231,000, which is higher than last week's 209,000. The data exceeded expectations, which is good for gold. Let's see if it can break through 2330 and reach the first resistance point of 2236.Note
Today's judgment is correct again, reaching 2336, sell, and make a profit in timeNote
Next week I will continue to share my opinions and strategies
Related publications
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.