✅The bullish trend of gold is still strong. The price hit a new high after the pullback, breaking through the key resistance of $3127, showing a clear bullish advantage. From the overall trend, gold has firmly stood above the $3100 mark, showing a super strong upward trend in the first quarter, and constantly hitting higher points. The daily line rose continuously, and the monthly line closed with a large positive line, further consolidating the upward pattern of gold. Therefore, intraday operations are still mainly based on going long with the trend.
✅Daily level: Gold closed with a large positive line yesterday, and the overall trend remained strong, with bulls dominating. In the short term, the key pressure level above is the $3150-3160 area, and the support below is the $3110-3120 range.
✅1-hour cycle: After yesterday's consolidation, the gold price briefly fell back to test the support, and stabilized and rebounded at the 3100 line, consolidating the support strength below. In the morning trading today, gold broke through the $3127 resistance, forming an effective upward break, and the short-term bullish trend was clear. Currently, $3127 has become a support level. If the gold price falls back to this area and does not break, it is expected to continue to rise.
✅Intraday trading strategy
🔰Long order strategy:
🔹Entry point: Long in the 3125-3127 area
🔹Stop loss: below 3115
🔹Target: 3140-3150, if it breaks through 3150, it will further look to 3155
🔰Short order strategy:
🔸Entry point: If gold rebounds to the 3150-3155 area, you can short it with a light position
🔸Stop loss: above 3162
🔸Target: 3135-3130, if it falls below 3125, it will further look to 3115
✅The overall bullish trend of gold is clear, and short-term trading is mainly based on callbacks and shorting on rebounds. Pay attention to whether the support of $3127 is effective. If it falls back and stabilizes, you can continue to follow the bulls to rise to the 3150-3160 area. If the gold price touches the upper resistance and fails to break through, you can consider shorting with a light position.
✅Daily level: Gold closed with a large positive line yesterday, and the overall trend remained strong, with bulls dominating. In the short term, the key pressure level above is the $3150-3160 area, and the support below is the $3110-3120 range.
✅1-hour cycle: After yesterday's consolidation, the gold price briefly fell back to test the support, and stabilized and rebounded at the 3100 line, consolidating the support strength below. In the morning trading today, gold broke through the $3127 resistance, forming an effective upward break, and the short-term bullish trend was clear. Currently, $3127 has become a support level. If the gold price falls back to this area and does not break, it is expected to continue to rise.
✅Intraday trading strategy
🔰Long order strategy:
🔹Entry point: Long in the 3125-3127 area
🔹Stop loss: below 3115
🔹Target: 3140-3150, if it breaks through 3150, it will further look to 3155
🔰Short order strategy:
🔸Entry point: If gold rebounds to the 3150-3155 area, you can short it with a light position
🔸Stop loss: above 3162
🔸Target: 3135-3130, if it falls below 3125, it will further look to 3115
✅The overall bullish trend of gold is clear, and short-term trading is mainly based on callbacks and shorting on rebounds. Pay attention to whether the support of $3127 is effective. If it falls back and stabilizes, you can continue to follow the bulls to rise to the 3150-3160 area. If the gold price touches the upper resistance and fails to break through, you can consider shorting with a light position.
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。