Gold market analysis:
Gold has been bought and sold back and forth in the past two days. We need to follow the trend and the rhythm to make a profit. Yesterday, the buy order of gold we arranged was hit, and then the trend changed immediately to follow it. We arranged to sell at 3323, 3326 and 3337 to make a profit. Today's gold is expected to be washed out. Buying is not continuous, and selling is not continuous. If the rhythm is not controlled well to chase the rise and fall, it will also be washed out of the market. In the short term, we need to find opportunities in the 15-minute chart and the 30-minute chart, so that it is easy to follow it. From a large cycle perspective, the long-term trend of gold is still buying, and the weekly buying pattern has not changed. If there is no accident, gold will continue to hit new highs in the later period. In the later period of these two days, we need to watch more and do less to avoid market risks.
Pay attention to the small support and cycle position near 3310 in the Asian session. If this position stabilizes above 3300, it will rise again. Buying will see the suppression of 3387. There is a technical big step back near 3387. We estimate the space of 3300-3387 in the Asian session. Find the rhythm. If it stabilizes, buy it again. If it breaks 3310 and rebounds, sell it and see a new decline. The selling target will see the previous low point near 3326.
Support 3310-3300, pressure 3362 and 3387, the strength and weakness watershed of the market 3330
Fundamental analysis:
Trump's sudden change of style has caused gold to plunge all the way, and the European and American markets have risen sharply. In the short term, it suppresses gold and in the long term, it suppresses the US dollar.
Operation suggestion:
Gold------Buy near 3310, target 3360-3387
Gold has been bought and sold back and forth in the past two days. We need to follow the trend and the rhythm to make a profit. Yesterday, the buy order of gold we arranged was hit, and then the trend changed immediately to follow it. We arranged to sell at 3323, 3326 and 3337 to make a profit. Today's gold is expected to be washed out. Buying is not continuous, and selling is not continuous. If the rhythm is not controlled well to chase the rise and fall, it will also be washed out of the market. In the short term, we need to find opportunities in the 15-minute chart and the 30-minute chart, so that it is easy to follow it. From a large cycle perspective, the long-term trend of gold is still buying, and the weekly buying pattern has not changed. If there is no accident, gold will continue to hit new highs in the later period. In the later period of these two days, we need to watch more and do less to avoid market risks.
Pay attention to the small support and cycle position near 3310 in the Asian session. If this position stabilizes above 3300, it will rise again. Buying will see the suppression of 3387. There is a technical big step back near 3387. We estimate the space of 3300-3387 in the Asian session. Find the rhythm. If it stabilizes, buy it again. If it breaks 3310 and rebounds, sell it and see a new decline. The selling target will see the previous low point near 3326.
Support 3310-3300, pressure 3362 and 3387, the strength and weakness watershed of the market 3330
Fundamental analysis:
Trump's sudden change of style has caused gold to plunge all the way, and the European and American markets have risen sharply. In the short term, it suppresses gold and in the long term, it suppresses the US dollar.
Operation suggestion:
Gold------Buy near 3310, target 3360-3387
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We share trading signals of various products for free every day, with an accuracy rate of up to 99% and a profit return of at least 300%. If you want to get rich with us, please contact me.
t.me/+-mm8vbK8g38zZDUx
t.me/+-mm8vbK8g38zZDUx
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.