Gold has been hitting new highs recently. Yesterday, it broke through the previous high of 3674 in the US market and surged towards 3685. Despite a brief pullback in early trading, it surged back to 3698 in the European session and even broke through 3703 in the US market, maintaining a clear bullish trend. The current pullback is a normal technical correction and has little impact on the overall uptrend, but instead builds momentum for a subsequent surge. The key support level at 3670 is currently under consideration. This level has become a short-term dividing line between bulls and bears. A break below this level will clearly indicate a bullish advantage, but a potential decline should be viewed with caution. Above this, focus on the 3705 level. A break above this level could test the 3710-3720 area, and a strong breakout could open up further upside potential. Trading strategies should include a light short position near 3705 to capture profits on pullbacks, waiting for a pullback to the 3685-3675 area to stabilize before entering a long position. The bullish trend continues to target the 3700-3705 area. The overall strategy remains to prioritize buying on dips, with a secondary focus on selling on higher levels.
Trade attivo
The market is always different from what you think. You think about making a profit by going long, but it falls. You think about picking up a leak by going short, but it goes up instead, as if it is deliberately going against you. No matter how you operate, it always goes against your wishes. It never goes as you expected. At this time, don't hold on. Stop what you are doing and have a good rest. After all, we are not machines. It is impossible to work 24 hours a day without getting tired. The best thing to do now is to stop, relax, clear your mind of distractions, and relax your tense nerves. Only in this way can you avoid being disturbed by the ups and downs of the market and avoid too much external interference.
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.
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.