Is it possible for the price of gold to rise further?

Are you still confused now? Whether the market is soaring, plummeting, unilateral or fluctuating, are you always unable to grasp it? It is the so-called falling as soon as you buy, cutting as soon as it falls, rising as soon as you cut, chasing as soon as it rises, and then being trapped again, and cutting again. This is like a dead trap, the funds are constantly shrinking, and so on. If you are in such a cycle, please stop and think carefully, summarize your experience and lessons, and get ready to start again.
Gold trend analysis:
The latest situation of gold at the 4-hour level. The 4-hour chart is currently in a downward trend. In the chart, yesterday's high of 3265 is resistance. The MA5-MA10 moving average crosses and runs. The short-term trend is bearish. Yesterday, it was under pressure above 3260, but the market fell back. Recently, it has maintained a trend of continuously moving down lows. In the chart, 3208-3207 is support. Further support focuses on the 3200 mark. If it breaks 3200, it is expected to continue to fall back to 3160-3150. The operation is mainly rebound short.
US trading operation ideas:
Gold 3220 short, stop loss 3230, target 3200-3190;
Gold trend analysis:
The latest situation of gold at the 4-hour level. The 4-hour chart is currently in a downward trend. In the chart, yesterday's high of 3265 is resistance. The MA5-MA10 moving average crosses and runs. The short-term trend is bearish. Yesterday, it was under pressure above 3260, but the market fell back. Recently, it has maintained a trend of continuously moving down lows. In the chart, 3208-3207 is support. Further support focuses on the 3200 mark. If it breaks 3200, it is expected to continue to fall back to 3160-3150. The operation is mainly rebound short.
US trading operation ideas:
Gold 3220 short, stop loss 3230, target 3200-3190;
Dagangan aktif
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.