Gold only opened higher and rose on Monday this week, and then reached the highest level of 3452, and then started the road of shock and retracement this week. As of today, Friday, gold is still oscillating and adjusting in the lower range, but from the 4-hour market trend, the trend of gold is still dominated by bulls. In the short term, gold is oscillating and adjusting at a low level. Today, Friday, we will first focus on the support level of 3347-3353 below, which is also the starting point of the rebound yesterday. If this position is not broken today, Friday, we will mainly rebound and close.
From the 4-hour analysis, the support below focuses on 3347-3353, and the short-term resistance above focuses on the 3378-3385 level, with a focus on the 3408-3415 level. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycle participation unchanged, and the middle position is always more watchful and less active, cautiously chase orders, and patiently wait for key points to enter the market.
Gold operation strategy: Go long when gold falls back to 3347-3355, with a target of 3370-3380.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
From the 4-hour analysis, the support below focuses on 3347-3353, and the short-term resistance above focuses on the 3378-3385 level, with a focus on the 3408-3415 level. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycle participation unchanged, and the middle position is always more watchful and less active, cautiously chase orders, and patiently wait for key points to enter the market.
Gold operation strategy: Go long when gold falls back to 3347-3355, with a target of 3370-3380.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
Trade active
Since we have come to the market, we must have the courage to fight against the market. Cowardice will only make us retreat further. Only by moving forward courageously can we get what we want. Trading is tortuous and not so smooth. I think many people have seen too much beauty outside, but found out why the risks are always so great? Because they don't see the reality clearly! We can't change the risks of the market, but we can control the risks. Since I entered this market, I have always maintained my original intention. Only when the risks are well controlled can profits come. But as long as we can seriously grasp the opportunities and adhere to the correct trading logic, we can quickly turn losses into profits. Without a perfect system, once is a fluke, twice is also a fluke, and in the end, we will only face losses!Trade closed: target reached
Everyone will encounter twists and turns on the road to trading. If you happen to be in a confused stage, you are welcome to chat and exchange ideas with each other. Perhaps one angle can solve a dilemma.
I will go all out for every cooperating friend. Once I trust you, I will speak with results. I don't promise huge profits, but steady profits. Many people have done it, and you can do it too.Free Witness Telegram https://Grouphttps://t.me/TP_Daniel1
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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.
I will go all out for every cooperating friend. Once I trust you, I will speak with results. I don't promise huge profits, but steady profits. Many people have done it, and you can do it too.Free Witness Telegram https://Grouphttps://t.me/TP_Daniel1
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.