Yesterday's strategy hit its stop-loss, primarily because the entry point was too early. If the entry point had been at 3330, support would have been stronger.
Now the gold price has once again fallen back to around 3330, you can consider entering the market again.
Recently, gold prices have been volatile due to a reduction in risk aversion following talks between Trump and European leaders, including Putin and Zelensky, on ending the Russia-Ukraine conflict.
However, without a substantive agreement, gold prices will not experience a significant decline in the short term and will primarily fluctuate within support and resistance ranges.
Upper resistance is at 3355, while lower support is at 3325. A break of either level will break the volatile trend in gold prices.
In terms of operation, you can rely on resistance and support to sell high and buy low.
Now the gold price has once again fallen back to around 3330, you can consider entering the market again.
Recently, gold prices have been volatile due to a reduction in risk aversion following talks between Trump and European leaders, including Putin and Zelensky, on ending the Russia-Ukraine conflict.
However, without a substantive agreement, gold prices will not experience a significant decline in the short term and will primarily fluctuate within support and resistance ranges.
Upper resistance is at 3355, while lower support is at 3325. A break of either level will break the volatile trend in gold prices.
In terms of operation, you can rely on resistance and support to sell high and buy low.
Trade attivo
The support of 3325 has been broken, so don’t go long for now.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.