Today’s gold price market trading analysis
已更新
https://www.tradingview.com/x/lR16P7lZ/
On Wednesday (March 20), spot gold was trading below $2,160 per ounce at the beginning of the European market. Investors are cautiously awaiting the Federal Reserve's monetary policy statement. However, the market remains cautious about gold's near-term upside. If Powell makes dovish remarks again, gold is expected to usher in a new rally.
But from a short-term perspective, according to the 4-hour chart, gold prices are currently trading around $2,155 per ounce, and although below the mildly bearish 20-period SMA, a deeper decline remains unclear. The longer-term moving averages continue to rise, but technical indicators remain at negative levels, lacking clear directional strength signals.
Gold prices will continue to fluctuate within a narrow range. It is particularly important to grasp the rhythm at this time.
The latest important support and resistance levels for gold prices:
Support level: $2145.10;
Resistance level: $2163.40;
I am more inclined to go long at low prices, going long around $2150
Always pay attention to my signals to make the right choice from them.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
On Wednesday (March 20), spot gold was trading below $2,160 per ounce at the beginning of the European market. Investors are cautiously awaiting the Federal Reserve's monetary policy statement. However, the market remains cautious about gold's near-term upside. If Powell makes dovish remarks again, gold is expected to usher in a new rally.
But from a short-term perspective, according to the 4-hour chart, gold prices are currently trading around $2,155 per ounce, and although below the mildly bearish 20-period SMA, a deeper decline remains unclear. The longer-term moving averages continue to rise, but technical indicators remain at negative levels, lacking clear directional strength signals.
Gold prices will continue to fluctuate within a narrow range. It is particularly important to grasp the rhythm at this time.
The latest important support and resistance levels for gold prices:
Support level: $2145.10;
Resistance level: $2163.40;
I am more inclined to go long at low prices, going long around $2150
Always pay attention to my signals to make the right choice from them.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
交易進行
Enter my channel to get the latest trading signals, making it easier for you to make profits交易進行
The price of gold continues to fall and is about to bottom out交易進行
Gold prices continue to fluctuate交易進行
Wait for a good opportunity to buy交易進行
Keep waiting for a good time to buy交易進行
VIP clients who followed my signals have profited significantly交易進行
Gold prices surged higher before falling back
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。