#XAUUSD
XAUUSD
GOLD
The medium- to long-term bullish outlook remains unchanged, influenced by the continuous increase in gold holdings by central banks around the world. Gold prices are currently testing the short-term resistance level of 4345 again, and many people may short gold at this level once more. However, from a longer time frame perspective, the trend may have formed an ascending triangle structure. Once it breaks through 4345, the gold price may further test the previous high of 4370-4380, or even reach a new high. Therefore, avoid blind trading in the short term. A prudent trading strategy would still be to consider going long on gold after it retraces to the short-term support level of 4330-4320. Of course, if the price of gold rises sharply to near the previous high, you can also try shorting with a small position.
In summary, the current market requires a flexible approach, with buying on dips being the primary strategy and selling on rallies only as a secondary measure. The focus this week is tomorrow's NFP data.
The medium- to long-term bullish outlook remains unchanged, influenced by the continuous increase in gold holdings by central banks around the world. Gold prices are currently testing the short-term resistance level of 4345 again, and many people may short gold at this level once more. However, from a longer time frame perspective, the trend may have formed an ascending triangle structure. Once it breaks through 4345, the gold price may further test the previous high of 4370-4380, or even reach a new high. Therefore, avoid blind trading in the short term. A prudent trading strategy would still be to consider going long on gold after it retraces to the short-term support level of 4330-4320. Of course, if the price of gold rises sharply to near the previous high, you can also try shorting with a small position.
In summary, the current market requires a flexible approach, with buying on dips being the primary strategy and selling on rallies only as a secondary measure. The focus this week is tomorrow's NFP data.
Trade aktif
#XAUUSD Although gold prices are falling in the short term, the overall bullish trend remains unchanged. During the NY session, continue to watch the support level of 4275-4265, which is also the lifeline for the bulls. If the gold price falls back to this range during the NY session, we can still consider going long on gold.
Trading ditutup: target tercapai
#XAUUSD Although gold failed to break out yesterday, it is still in an ascending triangle structure. Therefore, the short-term view remains unchanged: the key resistance level is still around 4345. Once broken, it will test the previous high of 4370-4380. Meanwhile, gold rebounded today after falling back to the 4275-4265 support range as expected, which aligns with our assessment of the market trend. Those who have followed this strategy and successfully entered the market may consider taking profits and exiting the market.
Today's NFP data is crucial; the market may remain range-bound until its release. Watch the 4305-4315 level for short-term resistance, and continue to monitor the 4275-4265 support zone. During the European session, consider buying low and selling high within this key range
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Publikasi terkait
Pernyataan Penyangkalan
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.
