Gold (XAUUSD) is currently trading within a range, with stocks, Bitcoin, and other risk assets showing bullish momentum. There’s no immediate reason to adopt a bearish outlook.
As a price action trader, I require a decisive break below 3228 to establish a bearish bias. If the price drops below this level but subsequently reclaims it, I’ll consider entering a buy position, targeting the next key levels.
Currently, the price stands at 3325.390. For a bullish bias to strengthen, I need to see the midrange level of 3360.953 hold as support. If it does, this would create a deviation, reinforcing the bullish outlook.
As a trader, remain flexible and trade what the chart signals, not a fixed bias. I’ll turn heavily bearish if the price breaks above 3494, clears out sellers, and then falls back below, forming a head and shoulders pattern (a deviation). This would provide a clear invalidation point, prompting me to sell targeting the quarter range, then midrange, trading level to level.
Follow for further updates and trading insights
As a price action trader, I require a decisive break below 3228 to establish a bearish bias. If the price drops below this level but subsequently reclaims it, I’ll consider entering a buy position, targeting the next key levels.
Currently, the price stands at 3325.390. For a bullish bias to strengthen, I need to see the midrange level of 3360.953 hold as support. If it does, this would create a deviation, reinforcing the bullish outlook.
As a trader, remain flexible and trade what the chart signals, not a fixed bias. I’ll turn heavily bearish if the price breaks above 3494, clears out sellers, and then falls back below, forming a head and shoulders pattern (a deviation). This would provide a clear invalidation point, prompting me to sell targeting the quarter range, then midrange, trading level to level.
Follow for further updates and trading insights
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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。