XAUUSD: Trading Straregy
https://www.tradingview.com/x/y7cCyhzJ/
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022.
The probability of directly breaking through it is low, but given the strength of the market today, a second attempt may be made. If the judgment is correct, you can observe the support from 2012 - 2007 after falling back. If the support is effective, go long. If the support falls below, you need to make a judgment based on the specific market conditions. (When short forces are strong, we should not do the opposite)
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022.
The probability of directly breaking through it is low, but given the strength of the market today, a second attempt may be made. If the judgment is correct, you can observe the support from 2012 - 2007 after falling back. If the support is effective, go long. If the support falls below, you need to make a judgment based on the specific market conditions. (When short forces are strong, we should not do the opposite)
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