Gold prices retreated from around 4044-46 during the day, hitting a low of 3988 in the morning. Currently, it's oscillating within the 4000-4126 range. Today is the weekly and monthly close, potentially triggering a significant price movement. From a trend perspective, short-term gains remain limited. A further dip to 4000 is possible amidst the consolidation. A break below 3986/3960 could lead to a move towards 3920-3900. The recommended strategy is to sell on rallies, but be aware of the risks.
US Session Trading Strategy:
Sell near 40120-25, stop loss at 4035, target 4000-3990, continue to look for further downside if the price breaks through.
US Session Trading Strategy:
Sell near 40120-25, stop loss at 4035, target 4000-3990, continue to look for further downside if the price 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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.