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Non-agriculture ended perfectly, Today’s closing is key!📌Fundamentals: The US April non-farm payrolls data (177,000 new jobs) exceeded expectations, reinforcing the Fed's expectations of a smaller rate cut. The market's expectations for rate cuts this year have been lowered from 90 basis points to 85 basis points, and the strengthening of the US dollar has suppressed gold prices. 📊Technical aspects: From the 4-hour analysis, gold fell after the negative news of non-farm payrolls today, but gold bottomed out and rebounded, and continued to fluctuate. It feels that non-farm payrolls have gradually lost its charm, and the market is not as good as usual. However, today's closing is very critical, and it is also the key to whether gold will turn around. The non-farm payrolls market has basically finished, and the upper side continues to pay attention to the suppression of 3260-68, focusing on the suppression of 3290-95 above, and the short-term support near 3235-3240 below. 🎯Practical strategies: 1. Go short when gold rebounds at 3260-65, cover short positions at 3378-85, and target 3240-3245.
OANDA:XAUUSDShort
by TP_Daniel5
1
Non-agricultural prospective data analysis Operation suggestions📌Fundamentals: 📊Technical aspects: Technically, spot gold is in a downward trend in the short term, and there is a certain rebound or shock at the key support level. At the 4-hour level, the gold price is running above the lower track of the Bollinger Band, and the opening shows signs of contraction. The MACD indicator dead cross is gradually closing, and the RSI indicator is running in the 35-45 range, showing that the long and short forces are relatively balanced. 🎯Practical strategy: 3260-3270 light position short, target 3225-3200. When it reaches 3225-3200 and stabilizes, try to go long, target 3250-3270.
OANDA:XAUUSDShort
by TP_Daniel5
Maintain shock and short position before non-agricultural📌Fundamentals: From the news perspective: the United States released a trade agreement and tariff reduction signal, the trade situation eased, resulting in a decline in market demand for safe-haven assets, triggering a sell-off in gold; the situation between Russia and Ukraine has eased, and the dawn of peace talks is approaching, which is a negative factor for gold; at the same time, the situation between India and Pakistan has heated up, which has supported the price of gold to a certain extent. 📊Technical aspects: In the past few days, we have been emphasizing that gold should be bearish, and warned that gold is likely to break and fall sharply. Gold, the general trend is as described in the continuous analysis. This round of price has fallen from the historical high of 3500. The first round of selling to 3260 rebounded to repair 3370; after rebounding to 3358 during the week, it weakened again, and the Asian market quickly sold off and fell below 3260. The subsequent analysis emphasized that the short-selling pattern of each cycle is good, and the shock bearish trend continued before the non-agricultural, and the target was adjusted to the parallel attack and defense range of 3193-3168; European and American markets fluctuated and were bearish, which is in line with expectations; short-term resistance 3221, 3226, strong resistance 3231-3235; short-term support 3212, strong support 3202; 🎯Practical strategy: It is recommended to rebound and sell: short near 3220-3230, target 10-15 points
OANDA:XAUUSDShort
by TP_Daniel5
Gold plummeted as expected. Operation strategy?In my last analysis, Quaid predicted that gold was at risk of falling and breaking. Quaid promptly told everyone that they could short trade at 3310-3320. At present, the market situation is basically consistent with Quaid's expectations. As of now, gold has fallen to a low point near 3215. And it has been maintained for some time. Quaid speculates that gold will continue to maintain a bearish trend and continue to retreat. Quaid data analysis: From the hourly chart, gold is currently following a wave trend, and the highest point of 3352 is the starting point of wave A. The high point of wave b is at 3320. If the current 3220 is the beginning of the low point of wave C, then be careful of its continued decline. Trading strategy: In terms of the next operation, Quaid suggests waiting for short trading near 3225. If gold falls below 3210 again, then the bottom can directly look towards the 3190-3200 range. Quaid warned everyone not to think that the trading range is very large; because the trading markets in some Asian countries are closed, any terrible thing could happen. It is recommended that everyone take profits in time.
PEPPERSTONE:XAUUSDShort
by Quaid-1
Gold starts a unilateral decline? 📌 Gold information U.S. stock indexes fell sharply in midday trading due to disappointing U.S. economic data. On Friday, the U.S. Department of Labor will release the crucial monthly employment report. This is likely to be the most important U.S. data point so far this year. In other news, Dow Jones News Service reported: "Tariffs are beginning to bring pressure, prompting the Eastern giant to increase stimulus to support economic growth. 📊Comment analysis For international gold, what you need to do now is to follow the market. Don't think about bottom fishing. You can do a short-term rebound during the day. When the market has clearly broken the structure, you should choose to believe in the technical side, rather than speculate on the next support. This will only be endless. At this stage, if you fail to bottom fishing, are you still ready to try again near the integer of 3200? This is not over yet. Even if it falls below 3200, the 3180 horizontal support will be immediately below. This round of decline is about to completely give up the second rise in the front end, depending on 3180. This is why I just said that 3200 will immediately encounter a new support. The reason why many people choose to go long above 3240 is also because it is the first stage of the high platform of the front-end surge, and it is necessary to defend. Unfortunately, the defense is not successful now. In other words, if you want to go short next, you have to look at the continued decline. What are the characteristics of the continued decline? You certainly can't tolerate it having an excessive rebound, so don't think about any high-altitude trading strategy. 💰Strategy Package Short position: Actively participate at 3230 points, and the profit target is around 3200 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDShort
by Labaron
1
The short position continues to approach the expected point📌Fundamentals: From the news perspective: the United States released a trade agreement and tariff reduction signal, the trade situation eased, resulting in a decline in market demand for safe-haven assets, triggering a sell-off in gold; the situation between Russia and Ukraine weakened, and the dawn of peace talks was approaching, which was a negative factor for gold; at the same time, the situation between India and Pakistan heated up, which supported the gold price to a certain extent. 📊Technical aspects: In the past few days, we have been emphasizing that gold should be bearish, and reminded that gold is likely to break and fall sharply. From a technical perspective: the lower track of the Bollinger band at the 4-hour level broke through, and there was no sign of stabilization. The support of $3,250/ounce turned into pressure, the downward channel has been opened, and MACD has walked out of the hovering area, and the downward momentum has been strengthened; at the daily level, the MACD indicator is dead cross running, and the KDJ indicator enters the oversold area, showing that the short-selling force has an absolute advantage. The short-term short-selling force of spot gold is strong, and the gold price is in a downward trend. Before there is an obvious reversal signal, the short-term trend is still bearish. 🎯Practical strategy: Recommendation to short on rebound: short around 3235-3245, target 3220-3200.
OANDA:XAUUSDShort
by TP_Daniel5
Gold's evening rebound continues to be bearishAffected by the initial jobless claims data, gold has rebounded and risen again to around 3220 after touching around 3203. As we mentioned in the previous trading idea, short selling is still our main trading method before there is a big data impact. For the time being, we will first look at the first-line resistance of 3240-3250. If it breaks through this resistance range, we will further look at the key resistance of 3260-3270. If it does not break, we will go short. There is an obvious downhill trend in the weekly line, which is expected to form a continuous negative trend. Then we look to the 3210-3200 support level to remain unchanged, and may even continue to look to the early low support line of 3193. SELL 3240-3250 TP 3210-3200 Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile. OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell
Gold’s short trend intensifies! Main empty follow up.📌Fundamentals: 📊Technical aspects: Gold, the price of this round has fallen from the historical high of 3500. After the first round of selling to 3260, it rebounded and repaired 3370; it rebounded to 3358 during the week and then weakened again. The Asian market opened with a rapid sell-off below 3260 and is now trading around 3234; the short position in each cycle is good, and the pre-non-agricultural market continues to be bearish. The target is adjusted to the parallel attack and defense range of 3193-3168. Short-term resistance 3235-3240, strong resistance 3246-3250, 3260 is not expected to arrive; short-term support 3220, strong support 3210-3194. 🎯Practical strategy: Recommendation to short on rebound: short around 3240-3250, target 3220-3200.
OANDA:XAUUSDShort
by TP_Daniel5
Gold key resistance not broken, Continuation of weak shock!📌 Pattern analysis and attention: 📊Technical aspects: The current golden week maintains a range of 3260-3360 fluctuations, showing a weak oscillation pattern of falling first and then rising, but with stronger downward momentum. Technical aspects show that 3360 is a short-term long-short watershed. If it cannot be broken through, it will maintain low-level fluctuations; 3340 is the core key position. If it stands firm, it will turn into a strong oscillation, otherwise it will continue to be weak. The first two days of the week closed below 3320, confirming short-term weakness. 🎯Practical strategy: Short sell when it rebounds to 3320-3325 area, target 3310-3300.
OANDA:XAUUSDShort
by TP_Daniel5
Gold suddenly rose. Be wary of gold’s retracement?The ADP report released in the morning said that the pace of hiring slowed sharply in April as companies prepared to deal with the possible impact of US President Trump's tariffs on US trading partners. This month, the number of new jobs in the US private sector was only 62,000, the smallest increase since July 2024, significantly lower than the expectation of 115,000, and slower than the 147,000 increase after the downward revision in March. After the data was released, spot gold rose in the short term and once touched around $3,320. Gold fell to a low of 3,266 in the morning. With the release of ADP data, it was another short-term rise of $50-60. Many traders may not know where to start with the current gold market and think it is still in the process of rectification. Of course, it is definitely not wrong to look at it this way, after all, gold is still in the process of rectification. However, traders should be alert that some Asian countries have entered a trading suspension state starting today, and it will last for about 5 days. The price of gold may fall during this period. Quaid's analysis: Gold rose to around 3320 in the morning, but failed to break through the upward resistance level of 3325. And 3320 is the 618 position of the trend Fibonacci from 3352 to the low point of 3266. If 3320 is the current high point of wave B, then 3352 is point A. Then point C is likely to appear around 3230. Therefore, Quide believes that gold is likely to break down. Operation suggestions: Short at 3305-2210, stop loss at 3317, and take profit at 3250-3230. Thank you for reading. If traders can leave your different suggestions, Quide will be very grateful to you.
OANDA:XAUUSDShort
by Quaid-1
1
Gold Key Points Summary How to grasp the end of the monthly line📌Fundamentals: Trade policy easing and dollar rebound Economic data and Fed policy game Russia-Ukraine conflict and Middle East situation 📊Technical aspects: From the 4-hour analysis, the upper side continues to focus on the short-term suppression of the 3328-35 line, focusing on the 3345-56 first-line suppression. During the day, the counterattack relies on this position to continue to bearish and continue to fall. The lower support is around 3290-85, and the short-term long-short strong and weak watershed is the 3260-65 first-line mark. Before the daily level does not fall below this position, we will continue to see long and short shocks, and the high-altitude low-multi cycle will mainly participate. 🎯Practical strategy: 1. Go short when gold rebounds at 3328-35, and cover short positions when it rebounds at 3343-52. Target 3310-3315, and look at 3275-80 if it breaks;
OANDA:XAUUSDShort
by TP_Daniel5
Gold (XAU/USD) Intraday Buy Setup with High Reward-to-Risk Ratio1. Entry Point Zone: Around 3,271.79 USD This is identified as a potential buy entry area, marked in purple. 2. Stop Loss: Below the entry point at 3,257.71 USD Risk management level in case the trade moves against the setup. 3. Target Point One: Between 3,313.75 and 3,317.07 USD A short-term take-profit level, likely based on previous resistance. 4. Final Target (EA Target Point): Around 3,373.04 USD A more ambitious take-profit, possibly based on a major resistance level or Fibonacci extension. 5. Trade Range: Risk: 3,271.79 - 3,257.71 = 14.08 USD Reward to First Target: ~42 USD
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
22
Is gold's safe-haven appeal waning or is it gathering momentum?Market news: In the early Asian session on Wednesday (April 30), spot gold fluctuated in a narrow range and is currently trading around $3,318 per ounce. London gold prices fell 0.8% on Tuesday, and Trump said that China will absorb the new tariff shock. The weak labor market and consumer confidence data in the United States have raised market expectations for policy easing. This has put pressure on the price of safe-haven asset gold, while the US dollar has taken the opportunity to rebound.With the PCE inflation data and non-farm payrolls report about to be released, the market has entered a critical game period. On the one hand, the easing of tariffs has weakened the safe-haven appeal of gold; on the other hand, signs of economic slowdown have strengthened the Fed's expectations of a rate cut. In the short term, the rebound in risk appetite has suppressed gold prices; but if this week's data confirms the risk of a recession, the Fed may be forced to turn, and then international gold may usher in a new round of outbreaks! The current market sentiment shows a clear contradictory state. On the one hand, concerns about global trade tensions drive safe-haven demand, and on the other hand, expectations that the United States may ease its trade policy trigger profit-taking. This trading day will usher in the US first quarter GDP data and March PCE data, which are likely to be the winners and losers of the next trend of gold. Technical Review: Gold hit 3500 and began to fall. The current low is temporarily at 3260. The daily cycle has failed to break down after three trading days of testing. The pattern is a Yin-Yang line conversion, and it is a very obvious wide-range oscillation market. This trend should not be chased. The market has no continuity and is just going back and forth. The gold daily line has been alternating between Yin and Yang for 5 consecutive trading days, maintaining a wide range of oscillations. The short-term four-hour chart and hourly chart moving averages are glued together, the RSI stops and maintains the middle axis, and the Bollinger Bands gradually close, forming a box range oscillation of 3265/3385. The trading idea is to sell at a high price and buy at a low price to participate in the short-term. Today's analysis: Gold continues to fluctuate. The data in the second half of the week is dense. Gold is likely to wait for data to break through. It maintains a fluctuating trend before the data. Gold continues to rise and fall in the early trading. The rebound is still under pressure. Today's small non-agricultural data is also a key node for gold trading. So if gold chooses a direction, don't be obsessed.   Gold continues to fluctuate in 1 hour, and the fluctuation range begins to narrow, which means that it is getting closer to a change. Gold is still fluctuating downward. Gold once again hit 3328 in the Asian session and fell under pressure. Tonight's small non-agricultural data, if gold breaks through the fluctuation today, then follow up at that time. Operation ideas: Buy short-term gold at 3298-3302, stop loss at 3290, target at 3330-3350; Sell short-term gold at 3352-3355, stop loss at 3364, target at 3310-3300; Key points: First support level: 3300, second support level: 3275, third support level: 3260 First resistance level: 3340, second resistance level: 3355, third resistance level: 3373
OANDA:XAUUSDShort
by Toml1314
The gold market fluctuated sideways. Waiting for a new trend?OANDA:XAUUSD During the Asian trading session, gold prices maintained a slight decline; in the early European trading, gold began to fall sharply, but it was still within the trend range expected by Quaid. Today, the initial value of the US real GDP in the first quarter of 2025 will be released, and it is expected to grow by 0.3% at an annualized quarterly rate, after a strong growth of 2.4% in the fourth quarter of 2024. If the world's largest economy unexpectedly shrinks, it will re-ignite bets on a sharp interest rate cut by the Federal Reserve. And this data will boost the upward trend of gold. On the other hand, if the cooling of US economic growth is less than expected, it may bring a short-term relief to the overall market and the US dollar, which will continue to put gold under corrective downward pressure. However, traders will remain cautious before the release of US ADP employment data this week; this data will limit the reaction of gold prices to GDP data. US non-farm payrolls will help the market assess whether US tariffs have had a substantial impact on the labor market. Current trend analysis: The daily line closed negative, and it is still bearish today. At the same time, yesterday's decline encountered 3300 support. In this pattern, regardless of today's strength, short once and see how the European session trends. If the European session falls, short the US session; if the European session rises strongly, the US session may remain volatile. If the European session breaks the downward channel, the US session may continue to fall. Hi guys, if you want a solid trade, please wait for the US GDP data this morning. Quaid conducts gold trading after professional analysis.
OANDA:XAUUSD
by Quaid-1
(XAU/USD) 1H Chart: Long Setup Targeting 3,500 with Key Support Entry Point: Suggested near 3,301.51 USD (marked with the purple support zone). Stop Loss Zone: Below 3,266.87 to 3,221.67 USD (marked in blue and purple). This is where you limit your loss if the trade goes wrong. First Target (Target Point One): 3,376.65 USD. Final Target (EA Target Point): 3,523.55 USD (~8.26% potential gain from entry). Main Setup Idea: The price is consolidating around the support zone. There's a plan to buy (go long) at the purple zone (Entry Point) and aim for the two target points
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
19
Gold moves sideways ahead of US GDP news. What's next?OANDA:XAUUSD Optimism about US trade talks with major partners boosted risk appetite and supported the dollar. The US Treasury released a report that talks with India made good progress, while President Trump softened his rhetoric on China, which also boosted the dollar. Meanwhile, traders are on the sidelines ahead of the release of US first quarter GDP data. If the data is weak, gold as a safe haven asset may rise sharply. Therefore, the gold market remains sensitive to trade news and macro data, especially in the context of market rebalancing at the end of April. Currently, as part of the current momentum and correction, Quaid expects gold prices to rise from the 0.5-0.7 Fibonacci area. Gold prices may test 3325-3330 in the consolidation range and then resume the correction. Resistance: 3325, 3350, 3370 Support: 3290, 3270 Traders please wait for the resolution of the tariff dispute and the economic data to be released tomorrow. However, during price consolidation, Quaid expects the price to bounce off the support levels. If the price continues to squeeze towards any boundary, giving priority to the support level, the possibility of breaking out of the consolidation bottom may increase.
OANDA:XAUUSD
by Quaid-1
Gold------Buy near 3302, target 3319-3350Gold market analysis: Yesterday's gold fluctuations were actually in line with our expectations. The 3291 sell price we planned in the Asian session was hit. We followed the buy orders in the European and American sessions and made a lot of profit. The buy orders were very exaggerated and reached 3352. This is the market. We must respect the market. The fluctuation range is very large. The daily line and the pattern finally closed with a hammer candle pattern, and the lower shadow line is very long. Let's take a look at the 4H pattern, which shows that it has been a large fluctuation in the high range. The fluctuation range is 3370-3258. The structural fluctuation is very obvious. The direction will appear after the structure is broken. Today, let's take a look at its fluctuation direction. The Asian session directly plunged. We should not rush to take over. The market in the past two days is that it is easy to die if we take over the big support. If we want to take over, we also need to look at stabilization and 2 steps. We try to follow the direction of the hour level directly, rather than the direction of the daily line. The big market is 20 points in one hour. Technical analysis: The daily moving average begins to hover, and the weekly and monthly lines will show directions this week. The weekly tombstone top is still there. If the closing price is negative this week, then the gold below will continue to fall and continue to dive. There is no big news about the short-term tariff policy. Gold needs a technical retracement. In today's Asian session, we will focus on the support of 3302. Let's see if it stabilizes at this position. If it stabilizes, there will be fluctuations and rebounds. The pressure around 3352 is today. Support 3302, strong at 3280, suppress 3333 and 3352, and the strength and weakness watershed of the market is 3310 Fundamental analysis: This week is a data week. Big data will be released one by one starting from Wednesday. In addition, continue to pay attention to the situation of the US dollar and the changes in tariff policies. Operational suggestions: Gold------Buy near 3302, target 3319-3350
OANDA:XAUUSDLong
by Toml1314
Gold plunged $36 during Asian trading hours. What's the reason?Spot gold suddenly fell sharply during the Asian session, and the current price of gold is around $3,310/ounce, a plunge of $36 during the day. In the optimistic market sentiment, the recovery of US dollar demand seems to put downward pressure on gold prices. Quaid believes that optimism about the possible progress in trade negotiations between the United States and its major trading partners supports risk appetite, boosts the performance of the US dollar against major currency competitors, and gold sellers are trying to regain control. The Wall Street Journal said that weakening the impact of auto tariffs is the latest concession of Trump's trade policy after market turmoil and fierce lobbying by companies and other countries. Looking ahead to this trading day, trade headlines and the re-adjustment of positions at the end of the month will play a key role in driving gold prices. Trading analysis: From a technical point of view, gold prices are currently trying to break down again after failing to confirm a break below the three-week rising channel on Monday. However, as the 14-day relative strength index is still above the midline, any decline in gold prices may be quickly bought. During Asian trading hours, gold must close at the rising trend line support of $3,300/oz to confirm a break below the rising channel. Long-term important support for gold prices is in the $3,260/oz area. If gold prices continue to fall below the above level, a new downward trend towards the $2,975 area will begin. If buyers defend the above channel support of $3,300/oz, a rebound to the static resistance of $3,370/oz will be inevitable. If gold prices continue to recover, the target will be $3,400/oz, followed by the historical high of $3,500/oz. The market is currently in a state of sideways fluctuations. I hope Quaid's analysis can help all traders understand the trend of gold in depth.
OANDA:XAUUSD
by Quaid-1
1
Gold's counterattack? Today's market analysisGold has repeatedly tested the 3260-3270 area to gain support. Gold has formed multiple bottom structures in the short term, so the short-term adjustment of gold may end. Gold has formed multiple bottom structures in the 1-hour, and the 1-hour moving average has also begun to gradually turn. If it can turn upward and form a golden cross, then the 1-hour bulls of gold will exert their strength again. Stimulated by risk aversion, gold in the U.S. market once again broke through and rose, and finally broke through Monday's high. Then the first-line suppression of gold near 3335 did not form effective resistance. When gold fell back in the Asian market, we first followed the trend and went long. Gold quickly bottomed out at 3320 first-line support in early trading and then rebounded quickly. Then gold should only be operated in the short term or go long on dips. Operation ideas: Short-term long: 3310-3315 long, stop loss 3300, target 3350-3370; Short-term short: 3350-3360 short, stop loss 3365, target, 3315-3310; Friends, don’t be afraid of missing the market, wait patiently for your own opportunity, the market will never neglect those who are prepared.
OANDA:XAUUSD
by Quaid-1
1
3360 neckline is being tested! 📊Comment Analysis Short-term short positions need to rebound further and confirm the signal before following. After the US market breaks through the 3360 defense point, it is temporarily not possible to continue to be bearish. The US market will first look at the rebound, and then make further arrangements after approaching the 3360 line. 💰Strategy Package Long positions: The US market temporarily enters the market to go long when gold falls back to around 3297-3310 US dollars. Target 3340, stop loss 3345.
OANDA:XAUUSDShort
by Labaron
2
Gold short-term profit is more fun 🌐 Driving factors Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer. India accused Pakistan of sheltering terrorist organizations, and Pakistan denied it and accused India of instigating separatist activities in Pakistan (such as Balochistan). The situation is difficult to control. Latest news: Russian President Putin announced on the 28th that a ceasefire will be implemented from 0:00 on May 8 to 0:00 on May 11. Market bullish sentiment cools down 📊 Commentary analysis According to the trend of gold in the Asian and European sessions, the trading signals derived from technical analysis have helped many people achieve short-term victories. 🔷 Technical side: For the current gold, the 1-hour chart card fluctuates widely between 3330-3292, and is currently around $3324. ✔Operational suggestions, short-term trading: US gold operation strategy: Short strategy: If gold falls back to the range of 3330-3350, you can enter the market to short, target 3270, stop loss 3355 💥Risk warning Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified. Policy black swan: Trump may suddenly change tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations. Technical false breakthrough: There are a large number of stop-loss orders near $3350, and you need to be wary of reversals after inducing more. Summary: This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar, and the fluctuation range is expected to be between $3260 and $3350. Investors need to pay close attention to key support and resistance levels and adjust strategies flexibly.
OANDA:XAUUSDShort
by Labaron
1
Gold's second bottoming out shows a range, Layout direction!Gold fell back after reaching a high this week, and the highest reached 3500, which was under pressure. The weekly line finally closed with a Yin cross star. It is expected to be a wide sweep range next week, and the overall range will remain at 3370-3260. After breaking through, it will follow the trend. The daily line has bottomed out and rebounded, and the rebound strength is also strong. Finally, it closed with a long lower shadow Yin line. The repeated sweep of hundreds of points is still the main tone. There is no clear direction signal. The upper pressure is around 3348. If the rebound continues at the opening next week, pay attention to this position. If it breaks through, look at 3370-80. Pay attention to the support below 3288 and 3260. Treat it as a shock in operation, and try to participate in the band near the key position! Operation suggestion: Gold is long near 3285-95, and look at 3325 and 3248! Shorting is possible if the upper 3248 pressure is not broken!
OANDA:XAUUSDLong
by TP_Daniel5