黃金現貨 / 美元
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Gold in correction wave

239
For intraday trading:
Gold is showing an ABC correction pattern on the chart, ending around 3275-3265. I'm looking to sell next week, with an invalidation level above 3338.

Looking for a buying opportunity at 3265, targeting 3462. Confirmation of continued buying interest above 3338, then 3400. invalidation level for buying is close below 3245.
交易進行
trade active
交易結束:達到停損點
註釋
It seems that the price reached the first target level and then reversed, without completing the correction, only forming a single wave. This kind of movement can have several possible explanations or scenarios:

Temporary Take Profit Level:** The price may have reached a logical profit-taking level at the first target, causing it to break the trend and bounce back.
Strong Resistance or Psychological Level: There might be a strong resistance or psychological level preventing further correction or decline.
Reversal Pattern or Technical Formation: Such as a specific candlestick pattern or the beginning of a larger reversal pattern.
Trading Volume: The trading volume might be lower at the target level, indicating a lack of momentum to continue the correction or reversal.

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