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Gold began to fall after hitting 3500. The current low is temporarily at 3260. The daily cycle has been tested for three trading days and failed to break below. The form is a transition between Yin and Yang lines, which is a very obvious wide-ranging market. Be careful not to follow orders in this kind of trend. There is no continuity in the market and it just goes back and forth.
The 4H cycle is a horizontal box operation. In the short-term US market, it is recommended to operate low and long. Pay attention to 3300/3310 to go long. The key watershed above is 3370. The long position can confirm the end of the adjustment only when it stands at this position.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
Gold began to fall after hitting 3500. The current low is temporarily at 3260. The daily cycle has been tested for three trading days and failed to break below. The form is a transition between Yin and Yang lines, which is a very obvious wide-ranging market. Be careful not to follow orders in this kind of trend. There is no continuity in the market and it just goes back and forth.
The 4H cycle is a horizontal box operation. In the short-term US market, it is recommended to operate low and long. Pay attention to 3300/3310 to go long. The key watershed above is 3370. The long position can confirm the end of the adjustment only when it stands at this position.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
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Our goal is simple, to provide the most professional guidance for free to help everyone make a profit
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.