Judging from the trend of the gold 1-hour chart, the daily level maintains a strong bullish upward pattern. It is recommended to continue to focus on the range low-multiple strategy during the day. The current market is in a stage of shock consolidation, and there is a technical pressure to rise and fall in the short term. In terms of operation, it is recommended to focus on short-term long orders, and focus on the trading logic of following the trend and low-multiple. It is necessary to focus on the upper 3390-3400 resistance range and the lower 3340-3330 support range. Specific strategy Weng Fuhao suggested that you can try long orders when it falls back to the 3348-3353 area.
Operation strategy:
1. It is recommended to go long in the 3348-3353 area of gold, with a stop loss at 3340, and look at 3365-3375 in the short term, with a target of 3400
Operation strategy:
1. It is recommended to go long in the 3348-3353 area of gold, with a stop loss at 3340, and look at 3365-3375 in the short term, with a target of 3400
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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.