Yesterday, gold prices hit a new all-time high, reaching around 4642. Before the US session, prices quickly fell back to around 4600 before rebounding to around 4642 again. Surprisingly, gold prices fell sharply at the open, breaking through the psychological level of 4600. This recent rise in gold prices is likely driven by fundamental factors and geopolitical influences. If these tensions ease, gold prices could fall sharply. On the daily chart, yesterday's close was a large bullish candle, and the moving average system remains in a bullish alignment, consistently above the 5-day moving average. Short-term support is seen around 4580, which was tested once after the open. This level is not yet crucial in determining the future trend. The key support level to watch is the previous support/resistance level around 4560-4650. Furthermore, a rapid decline typically requires a second confirmation during the European session. If the European session remains weak, the US session may accelerate the decline. The primary resistance level remains around 4605-4620, which is also a key level for the bulls to maintain their position. Given the repeated resistance above, I am considering continuing to try short positions in the short term. If the price rebounds to around 4605-4620 during the day, I will continue to short in batches.
Trade aktif
Trading is actually not as complicated as you might imagine. The real challenge isn't the market itself, but rather maintaining focus and passion over the long term. When you approach the market correctly, the results will naturally follow. I don't chase emotions or indulge in fancy rhetoric; I only make genuine trading judgments, focusing on a clear rhythm and executable logic. There are no perpetual bulls or perpetual bears in the market, only the most suitable direction to participate in at any given moment. Understand the rhythm, follow the trend, remain calm amidst change, and adhere to discipline amidst volatility—this is the true core value of trading. If you still feel lost in the market, or struggle to adjust your mindset and strategies in time when the rhythm shifts, feel free to follow the tips below for more specific operational ideas and real-time strategy updates. Let's use rationality and execution to steadily seize our opportunities in uncertain market conditions.Trading ditutup: target tercapai
Trading is actually not as complicated as you might imagine. The real challenge isn't the market itself, but rather maintaining focus and passion over the long term. When you approach the market correctly, the results will naturally follow. I don't chase emotions or indulge in fancy rhetoric; I only make genuine trading judgments, focusing on a clear rhythm and executable logic. There are no perpetual bulls or perpetual bears in the market, only the most suitable direction to participate in at any given moment. Understand the rhythm, follow the trend, remain calm amidst change, and adhere to discipline amidst volatility—this is the true core value of trading. If you still feel lost in the market, or struggle to adjust your mindset and strategies in time when the rhythm shifts, feel free to follow the tips below for more specific operational ideas and real-time strategy updates. Let's use rationality and execution to steadily seize our opportunities in uncertain market conditions.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.