A pullback and correction will likely be followed by a rebound.
Today, we recommend buying on dips in gold, as there is still room and demand for further gains. The key support level to watch today is around $4465. Buy on dips above this level, with a target of $4700.
Based on the current closing price trend of gold, we are watching the short-term resistance level of 4596-4600, with a focus on the important resistance level of 4697-4700. On the downside, we are watching the short-term support level of 4468-4473, which is also the support level of the recent fluctuations and the place where we should enter long positions today. The main strategy is to buy on dips.
If the price retraces to 4500 and holds, you can go long. You can also go long if the price retraces to the 4468-4473 range. Add to your long position if the price retraces to the 4430-4436 range.
XAUUSD XAUUSD XAUUSD GOLD GOLD1! XAUUSD
Based on the current closing price trend of gold, we are watching the short-term resistance level of 4596-4600, with a focus on the important resistance level of 4697-4700. On the downside, we are watching the short-term support level of 4468-4473, which is also the support level of the recent fluctuations and the place where we should enter long positions today. The main strategy is to buy on dips.
If the price retraces to 4500 and holds, you can go long. You can also go long if the price retraces to the 4468-4473 range. Add to your long position if the price retraces to the 4430-4436 range.
XAUUSD XAUUSD XAUUSD GOLD GOLD1! XAUUSD Trade ist aktiv
The low-buy strategy is in line with expectations, and we will continue to maintain this strategy.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.