Since the market opened this Monday, my analyses have generally aligned with market trends. I believe traders who followed my analyses have been able to attest to this. Overall, however, I am not entirely satisfied because they have not met my overall expectations. So let me continue to work hard together to conquer this market. Currently, gold faces resistance at 4900 and 4966-70. Trading strategy should focus on shorting on rallies, depending on the strength of the move. Watch the 4832-30 level for support. If the price stabilizes there, a small long position can be initiated. More conservative traders should wait for market sentiment to stabilize before making a proper entry.
We welcome all traders to share their opinions, and let's move forward together in this market.
XAUUSD GOLD GOLD $FXOPEN:XAUUSD
We welcome all traders to share their opinions, and let's move forward together in this market.
XAUUSD GOLD GOLD $FXOPEN:XAUUSD 
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.