August 18th: Gold closed at a daily low on Friday and gapped down slightly at the open on Monday. After dipping to a low of 3323, it staged a rebound. The wedge pattern is gradually converging, and the overall price action remains in a top-side consolidation phase.
On the 4-hour chart, consecutive strong bullish candles have broken through and held above the middle Bollinger Band, with the short-term trend shifting from weak to strong. That said, as the 3358-3360 resistance zone remains unbreached for now, the price is still stuck in a downward correction channel.
Trading strategy: Consider shorting on a rebound around the aforementioned resistance zone. A confirmed break above this level would open the door to 3370-3380. For support, keep an eye on 3332 and 3320 below
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@ 3360 - 3355
🚀 TP 3345 - 3340 - 3335
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
On the 4-hour chart, consecutive strong bullish candles have broken through and held above the middle Bollinger Band, with the short-term trend shifting from weak to strong. That said, as the 3358-3360 resistance zone remains unbreached for now, the price is still stuck in a downward correction channel.
Trading strategy: Consider shorting on a rebound around the aforementioned resistance zone. A confirmed break above this level would open the door to 3370-3380. For support, keep an eye on 3332 and 3320 below
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@ 3360 - 3355
🚀 TP 3345 - 3340 - 3335
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
עסקה פעילה
Gold has now risen to 3345 📈; continue to short at 3345 ⚡, with TP at 3335-3325 🎯עסקה סגורה: היעד הושג
Today, gold has smoothly hit the two TP levels of 3335-3325, and we’ve made profits successfully again—this time, it was extremely smooth and straightforward 🎉
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כתב ויתור
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.