Gold prices are currently moving out of a narrow range of highs on the daily chart. The K-line chart continues to maintain a relatively stable upward trend along the short-term moving average. Watch for any pullbacks on the daily chart to confirm a secondary upward trend. Focus on the support zone around 3900 in the short term. On the 4-hour chart, the price broke through the previous resistance zone, and the short-term moving average began to diverge upward, indicating a relatively strong short-term trend. On the hourly chart, the intraday pullbacks were neither strong nor prolonged, and the K-line chart continues to maintain a relatively strong trend along the short-term moving average. Some divergence is showing on the short-term chart, so watch for short-term adjustments.
Trading Strategy:
BUY: 3910 TP1:3925 TP2:3940
SELL: 3940 TP1:3910 TP2:3900
Trading Strategy:
BUY: 3910 TP1:3925 TP2:3940
SELL: 3940 TP1:3910 TP2:3900
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Traders, if you like this idea or you have your own opinion on it, please write it in the comments. I will be happy toノート
This is in perfect agreement with our analysis. Gold started to decline after reaching 3940. Currently it is at 30, with a profit of 10 points.ノート
Short-term target has been completed, profit point 20The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
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t.me/david_456654
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The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
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免責事項
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