Hope everyone had a nice weekend!
We are currently on the second peak on the weekly chart.
I will predict there would be NO too much fluctuation on the first half of the week.
Until the FOMC on this Thur, we could see if gold will further breakout to a ATH or dump to the neckline to form a double top.
So, I would suggest to trade as below.
Aggressive -
Trade between the range "2735 and 2790" because there is still not yet very bearish in the smaller timeframe.
Conservative -
Trade between the range "2693 and 2790" as 2693 would be a quite strong support and it is also Fibo 0.618, so most probably we could see a reversal.
Defensive -
Trade after FOMC.
We are currently on the second peak on the weekly chart.
I will predict there would be NO too much fluctuation on the first half of the week.
Until the FOMC on this Thur, we could see if gold will further breakout to a ATH or dump to the neckline to form a double top.
So, I would suggest to trade as below.
Aggressive -
Trade between the range "2735 and 2790" because there is still not yet very bearish in the smaller timeframe.
Conservative -
Trade between the range "2693 and 2790" as 2693 would be a quite strong support and it is also Fibo 0.618, so most probably we could see a reversal.
Defensive -
Trade after FOMC.
交易進行
Reach the first entry point "2735". Can consider Long position here. 註釋
TP1: 2745TP2: 2756
TP3: 2770
交易結束：目標達成
Reached TP2. To be safe, I will close 70% of the position first.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。