XAUUSD:Strategy of the day
Last week, the gold market mainly fluctuated down, testing the buying support range, of which the 1970-1950-1940 support range, broke one after another, which is also expected! Last week, our main idea was to go short on the high!
The current market has reached this tipping point: we need to pay attention to:
1:1 hour temporary box interval operation, 1935-1955 interval, small interval, forming interval oscillation; And the dividing point between strength and weakness is the position of 1935 and 1955, stabilizing below 1935 or stabilizing above 1955, are the dividing point between long and short strength and weakness, and can continue to follow the trend;
2:Week K's stop falling, the support of the middle orbit for the child 1910-1900 Here, is the track support of the large cycle of the week K level, I think in the middle orbit support of the week K, there will be certain conditions for rebounding upwards!
Intraday short-term temporarily according to trend channel support and 1-hour box range support effectively handled; That is, in the short term, according to the support of 1935-1940, the short-term rebound correction is upward; Around the middle orbit of K 1910 up and down, try to lay out small levels of bands more.
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goldBUY 1940-1945 tp 1949 tp1958Trade active
buyTrade active
Be patient Join us to learn how to tradeTrade active
tp 1947 profitTrade active
When gold comes again around 1940-1945, we can buy it againTrade active
goldBUY 1944 - 1957 ShortTrade active
Successfully made 2 profitsTrade active
Due to the anniversary of the death of American soldiers, the US market is closed, and gold is expected to fluctuate in the 1940-1955 range today.Sell high in this range. Just buy low
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Give me a reply when you can tradeTrade active
Give me a reply when you can tradeTrade active
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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.