Short-term gold bulls and bears are anxious,3330 becomes the key

5 天前

At present, the market has been fluctuating narrowly in the range of 3330-3320, and both bulls and bears are in a stalemate. However, gold has formed a double-layer head and shoulders bottom pattern, so the short-term bullish trend is definitely unchanged. In the previous post, I also mentioned that if the rebound in the European session is weak and gold continues to be below 3345, then the short-term NY session may usher in a retracement and a second bottom. Therefore, I still hold a long order of 3325-3315, and temporarily modify the TP to the 3335 line. I expect that there may be a retracement here, but there may also be a direct retracement. No matter what the situation is, we need to stabilize before entering the market.

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XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD GOLD

5 天前

交易進行

As I expected, gold retreated directly, and began to rebound after hitting the lowest point near 3287. I have closed the 3325-3315 order and re-executed the long order near the 3290 line below. In the short term, 3321 has become the watershed between long and short positions. As time goes by, the medium-term point can be seen towards 3345. Only when the price stands above 3345 can the upward momentum continue.

5 天前

註釋

I have closed the long trade executed near 3290 below near 3305. When gold retreated to 3300 again, I still seized the opportunity to choose to go long again and set the TP near 3310. At the same time, I also expressed my opinion that the short-term watershed is at 3321. As long as this point is not effectively broken, there is still a chance to go short.