Today's gold trend once again perfectly verifies our strategic predictions. The market has entered the stage of falling under high pressure as expected. We have been shorting from above 4050 to the bottom. The rhythm is clear and the execution is in place. It can be said to be another god-level operation, with stability and precision coexisting. The value of planned trading is once again reflected. It is not a blind prediction, but a steady progress based on structure, rhythm and logic. Congratulations to my friends who are paying attention.
From the current gold trend analysis, although it rebounded to above 4050 during the US trading phase, it can be clearly seen from the 4-hour chart structure that the gold price entity still closed below 4045. This is also the main reason why I asked my brothers to arrange short positions in advance. 4045 is still an important suppression position at the stage, and the 4000 mark below is still a key support position. Once this mark is held, gold will most likely remain in the 4050-4000 range of shock and consolidation. On the contrary, if it falls below 4000 again, the downward space is expected to extend to around 3985-3980. On the contrary, if the market stabilizes without breaking 4000 and successfully breaks through and stands firmly above 4050, the emergence of a new high is only a matter of time. Therefore, the current core observation range is within the 4000-4050 area. Before the breakthrough, it is recommended to maintain the strategy of selling high and buying low. Once the price effectively breaks through the boundary of either side, following the trend is the best strategic direction.
From the current gold trend analysis, although it rebounded to above 4050 during the US trading phase, it can be clearly seen from the 4-hour chart structure that the gold price entity still closed below 4045. This is also the main reason why I asked my brothers to arrange short positions in advance. 4045 is still an important suppression position at the stage, and the 4000 mark below is still a key support position. Once this mark is held, gold will most likely remain in the 4050-4000 range of shock and consolidation. On the contrary, if it falls below 4000 again, the downward space is expected to extend to around 3985-3980. On the contrary, if the market stabilizes without breaking 4000 and successfully breaks through and stands firmly above 4050, the emergence of a new high is only a matter of time. Therefore, the current core observation range is within the 4000-4050 area. Before the breakthrough, it is recommended to maintain the strategy of selling high and buying low. Once the price effectively breaks through the boundary of either side, following the trend is the best strategic direction.
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If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!Trade closed: target reached
Congratulations to those friends who are paying attention to the bottom and making huge profits by shorting all the way.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!
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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.