Gold is currently trending slightly higher on the 4-hour chart, maintaining a slightly bullish bias along the short-term moving averages. The price is currently trading near the previous resistance zone, but there hasn't been much room for a pullback. We should be wary of a potential continuation of the upward trend during the European and American sessions. On the hourly chart, after a second upward move from the highs, it's currently consolidating in a narrow range with insufficient momentum. We should watch for a pullback before a continuation of the upward trend. There's some divergence on the smaller timeframes; we should monitor the short-term correction and recovery.
Trade attivo
Short-term trading strategy:Buy gold around 4216-17 with a stop loss at 4209.2, or sell gold around 4260-1 with a stop loss at 4267.8. Real-time market guidance will be provided during trading hours.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Pubblicazioni correlate
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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.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Pubblicazioni correlate
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.