Gold has fallen back below $4,000 once again today, and a new round of decline is about to kick off. If gold intends to plunge straight through $3,900, it will not rally to a high level. Therefore, we can only open short positions below $4,000.
If the price bounces back to around $4,020, the market will enter another sideways range and retest the resistance zone near $4,070–$4,080.
For today’s trading, only two key levels need to be monitored:
Look for short entry opportunities when the price hits $3,990–$4,000.
Exit all short positions if $4,020 is broken, and wait for the next short setup.
💰💰💰 Gold Trading Strategy Today:
🎯 XAUUSD SELL@ 3990-4000
🎯 TP: 3950-3920
It is only a matter of time before gold hits $3800, and the bottom will form at that level. I will update you promptly when better trading opportunities emerge to help you gain more profits.
If the price bounces back to around $4,020, the market will enter another sideways range and retest the resistance zone near $4,070–$4,080.
For today’s trading, only two key levels need to be monitored:
Look for short entry opportunities when the price hits $3,990–$4,000.
Exit all short positions if $4,020 is broken, and wait for the next short setup.
💰💰💰 Gold Trading Strategy Today:
🎯 XAUUSD SELL@ 3990-4000
🎯 TP: 3950-3920
It is only a matter of time before gold hits $3800, and the bottom will form at that level. I will update you promptly when better trading opportunities emerge to help you gain more profits.
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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.