UnknownUnicorn55305588

Gold trading strategy for next week

Long
FX:XAUUSD   Gold Spot / U.S. Dollar

Gold short-term can temporarily see the rebound performance, but the current short-term important suppression resistance above the daily line is still at the 1930-1933 high, and 1930 is the area of resistance formed many times in the early stage, and no effective breakthrough has been formed, so now the 1930-1933 short-term is still crucial. Because the market is closed early on Monday and Tuesday, it can be traded in the 1910-1930 range at the beginning of next week

At present, the gold trend is in a state of strong volatility, the upper short-term can still pay attention to the second pressure position before we rose in the early stage of 1928-1933, and the lower support is short-term again raised to the 1905-1908 first-line support, and next week gold is likely to continue to maintain in this range to do a certain shock, and next week there is important data release, the market is likely to rely on the stimulation of data to end the current shock, so our early week short-term trading can only temporarily do a range shock, Wait for a breakout and then trade with the trend

The specific trading strategy will be changed accordingly according to the real-time trend, join me to get more accurate trading signals
Trade active
Trade active:
Gold is currently volatile
Trade active:
Every day, the specific trading strategy will change accordingly according to the real-time trend, if you also want to get more accurate trading signals, contact me, I will help you
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.