Today, we made fully accurate predictions about gold, including its dominant bearish trend before the US session, key resistance and support levels, rebound dynamics and short trading strategies. All target levels and trading plans have been achieved in full.
1. Accurate trend judgment
Gold maintained a strong bearish trend before the US session. Consecutive bearish candles appeared on the daily chart, as the price broke below key support and trended steadily lower. We recommended selling on price rebounds and advised traders to take profits and exit positions before the US session to lock in gains. We also cautioned against bottom-hunting. All our views aligned perfectly with the market movement.
2. Precise forecast of key levels
We identified the rebound resistance at 4100–4120 and offered the range of 4090–4120 for staged short entries.
Our projected downside targets were 4070, 4050 and 4020.
The core trading advice was to open short positions around 4110 with TP set at 4090, 4080 and 4050. Every target was successfully hit.
3. Market movement in line with expectations
Gold extended its losses in early trading and staged an oversold technical rebound after hitting the low of 4024.
The rebound was driven by short covering and short-term bottom-hunting rather than a trend reversal. The price came under selling pressure and retreated below 4120. The market operated under a bearish pattern: initial decline, followed by a rebound and then renewed weakness.
4. Full delivery of trading strategies
Prior to the US session, we only traded short on rebounds and emphasized timely profit-taking. Chasing short positions and bottom-hunting were not recommended.
Staged entry range: 4090–4110; SL: 4135; TP: 4090, 4070, 4050.
In actual trading, the price rebounded to 4118 before pulling back, and all preset TP levels were reached.
1. Accurate trend judgment
Gold maintained a strong bearish trend before the US session. Consecutive bearish candles appeared on the daily chart, as the price broke below key support and trended steadily lower. We recommended selling on price rebounds and advised traders to take profits and exit positions before the US session to lock in gains. We also cautioned against bottom-hunting. All our views aligned perfectly with the market movement.
2. Precise forecast of key levels
We identified the rebound resistance at 4100–4120 and offered the range of 4090–4120 for staged short entries.
Our projected downside targets were 4070, 4050 and 4020.
The core trading advice was to open short positions around 4110 with TP set at 4090, 4080 and 4050. Every target was successfully hit.
3. Market movement in line with expectations
Gold extended its losses in early trading and staged an oversold technical rebound after hitting the low of 4024.
The rebound was driven by short covering and short-term bottom-hunting rather than a trend reversal. The price came under selling pressure and retreated below 4120. The market operated under a bearish pattern: initial decline, followed by a rebound and then renewed weakness.
4. Full delivery of trading strategies
Prior to the US session, we only traded short on rebounds and emphasized timely profit-taking. Chasing short positions and bottom-hunting were not recommended.
Staged entry range: 4090–4110; SL: 4135; TP: 4090, 4070, 4050.
In actual trading, the price rebounded to 4118 before pulling back, and all preset TP levels were reached.
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Verbundene Veröffentlichungen
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.