Gold trend analysis
It can also be seen on the daily line that this callback has touched the support of the Bollinger lower track on the daily line, which is an undoubted turning point of the market! Then go all out to do more this week! In 4 hours, there is still a need for adjustment at the bottom of gold, but the callback is an opportunity to go long. After the rise on Friday, the callback low was 1937, which was the previous pressure position. After breaking through, it became a support. For further resistance, refer to the position near the 21-day moving average of 1952.70 And the 1960 mark, the strong resistance is around the 100-day moving average of 1968.68. If this position can be regained, it will increase the bullish signal for the market outlook.
Gold operation strategy:
SELL: 1946-1949
TP1: 1940
TP2: 1935
BUY: 1933-1936
TP1:1940
TP2:1945
It can also be seen on the daily line that this callback has touched the support of the Bollinger lower track on the daily line, which is an undoubted turning point of the market! Then go all out to do more this week! In 4 hours, there is still a need for adjustment at the bottom of gold, but the callback is an opportunity to go long. After the rise on Friday, the callback low was 1937, which was the previous pressure position. After breaking through, it became a support. For further resistance, refer to the position near the 21-day moving average of 1952.70 And the 1960 mark, the strong resistance is around the 100-day moving average of 1968.68. If this position can be regained, it will increase the bullish signal for the market outlook.
Gold operation strategy:
SELL: 1946-1949
TP1: 1940
TP2: 1935
BUY: 1933-1936
TP1:1940
TP2:1945
Handel aktiv:
The market has been oscillating around our pre-order point, so hold it patiently. Setting up SL1930, our target 1945 needs to be patient
Handel aktiv:
Long orders are profitable and close positions near 1940
Handel aktiv:
Handel aktiv:
BUY1933 Move the SL to the entry point, then we can sleep in peace and hope to wake up tomorrow to hit TP1939
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