🗞News side:
1. CPI data is in line with expectations, short-term positive
📈Technical aspects:
As we wrote in the last post, from the 4H point of view, the oversold is serious, and there is a need for rebound correction in the short term. At present, the fluctuation of gold prices is mainly affected by news. Technical analysis and indicators can only be used as a side analysis guide and reference. Gold bottomed out in the morning and rebounded, and the European market continued to rise above 3250. This means that today is not a very weak bear. At the same time, the daily line touches the 30-day moving average support. There is a high probability of turning positive today. The overall idea is to treat the market as a shock.
Intraday gold operation suggestions:
🎁BUY 3240-3250
🎁TP 3260-3270
Looking further towards the 3277 line
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD GOLD XAUUSD XAUUSD
1. CPI data is in line with expectations, short-term positive
📈Technical aspects:
As we wrote in the last post, from the 4H point of view, the oversold is serious, and there is a need for rebound correction in the short term. At present, the fluctuation of gold prices is mainly affected by news. Technical analysis and indicators can only be used as a side analysis guide and reference. Gold bottomed out in the morning and rebounded, and the European market continued to rise above 3250. This means that today is not a very weak bear. At the same time, the daily line touches the 30-day moving average support. There is a high probability of turning positive today. The overall idea is to treat the market as a shock.
Intraday gold operation suggestions:
🎁BUY 3240-3250
🎁TP 3260-3270
Looking further towards the 3277 line
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD GOLD XAUUSD XAUUSD 
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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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.
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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.