GOLD- Focuses On 2530 Support Level

há 7 dias
From a technical point of view, gold shows an obvious bullish trend on the daily chart. The current gold price has strongly broken through the upper track of the Bollinger Band and successfully broke through the previous consolidation range, marking the start of a new round of rising market. With the recent high resistance being broken, the bullish pattern has gradually been established. Our operating idea is that if the gold price fails to create a new high, we can choose to short at a high level; once it breaks through the historical high, we will follow the trend and go long. After the data was released, the gold price directly broke through the historical high, so the strategy is to go long with the trend, and the idea is clear. At this stage, the previous high resistance has turned into support. If the US market falls back to above 2530, you can still arrange long orders on dips.

On the 4-hour chart, gold shows a strong bullish trend with lows rising and highs hitting new highs. It is recommended to continue to follow the trend and follow the long orders. From the trend point of view, the gold price has steadily risen along the middle track of the Bollinger Band, showing that the bullish force still occupies a dominant position, so in terms of operation, you can continue to go long along the middle track of the Bollinger Band, and the target is to look at a higher position.

The 1-hour chart shows that gold was suppressed by short-term resistance at the 2555 line, showing signs of a correction. Pay attention to the 2530 support level of the top and bottom conversion below. If it does not fall below this position, the gold price will continue to strengthen. The MACD indicator forms a golden cross, indicating that short-term bulls are dominant, so the operation should continue to maintain the strategy of going long on dips.

To sum up, today's short-term gold operation advice is mainly to go long on the callback, supplemented by shorting on the rebound. In the short term, focus on the resistance range of 2555-2560 above, and focus on the support range of 2526-2530 below.

há 6 dias

Trade ativo

Gold Trading Strategies Reference

🎯Strategy 1: Go Sell when gold rebounds to around 2555-2560, stop loss 6-10 points, target around2545-2535, break the position and look at the2530 line✅

🎯Strategy 2: Go Buy when gold pulls back to around 2526-2530 , stop loss 6-10 points, target around2545-2555, and look at the 2560 line if the position is broken✅