Gold has just completed a strong rally from the low around 3.980, touching a high near 4.140, and is now turning lower into a correction. The 4.080–4.100 zone is a newly formed support area following the recent breakout, and I'm expecting price to pull back into this zone before any further reaction.
I'm favouring sells if price makes a slight bounce up toward 4.115–4.125, stop loss above 4.140, targeting the support zone at 4.080–4.100 below.
If price breaks above and closes firmly over 4.140, this pullback scenario will be considered invalidated, and I'll stay on the sidelines waiting for a new structure rather than forcing a sell.
This is just my personal take based on technical analysis. Wishing you successful trading.
I'm favouring sells if price makes a slight bounce up toward 4.115–4.125, stop loss above 4.140, targeting the support zone at 4.080–4.100 below.
If price breaks above and closes firmly over 4.140, this pullback scenario will be considered invalidated, and I'll stay on the sidelines waiting for a new structure rather than forcing a sell.
This is just my personal take based on technical analysis. Wishing you successful trading.
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.