3/10 Gold price range: 2885----2930
This week, the gold price closed positive, but it has not broken through the range. Currently, gold is in a high consolidation stage.
The daily K-line shows an obvious oscillation pattern:
The upper pressure is at 2930 points
The lower support is around 2891 points and 2885 points.
In terms of operation ideas, it is recommended to adopt a low-multiple strategy in the range.
The specific operations are as follows:
Long order suggestions: long near 2896, stop loss set at 2888, target 2916, 2925.
Short order suggestions: If the upper 2930-2925 pressure area is not broken, consider shorting, and the target is the support level within the range.
If it breaks through:
The upper breakthrough continues to rise, and the pressure is at the high point of 2945-2956; the lower breakthrough continues to be bearish; the support is at 2870-2860!
It should be noted that the trend of next Monday is still unclear, and the specific operation needs to be adjusted according to the actual situation after the opening.
I will post my guide below the article as soon as possible. Thank you for your comments and attention.
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