From a 4-hour chart perspective, the current short-term resistance level to watch is 3978-85, with a key resistance level at 4047-55. Short-term support is at 3915-20. Trading should focus on range trading; avoid chasing the market and patiently wait for key entry points.
Gold Trading Strategy:
1. Sell gold at 3978-3985, stop loss at 4009, target 3880-3895, hold if it breaks through;
2. Buy gold at 3915-20, stop loss at 3896, target 3977-85, hold if it breaks through.
Gold Trading Strategy:
1. Sell gold at 3978-3985, stop loss at 4009, target 3880-3895, hold if it breaks through;
2. Buy gold at 3915-20, stop loss at 3896, target 3977-85, hold if it breaks through.
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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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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.
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
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.