After the CPI data was released, gold prices surged as high as $30 before retreating. This indicates strong short-term selling pressure, and compared to the previous period of extreme bullish momentum, the short-term trend has clearly weakened. However, gold remains in a bullish trend. While it hasn't reached a new all-time high, the 5-day moving average remains strong. A drop below $3,610 would signal a short-term bearish trend.
Currently, the gold market has entered a high-range range, presenting opportunities for both long and short positions. For detailed real-time strategies, please follow my updates.
Gold Strategy
This morning, I recommend opening a short position in the 3,640-3,650 range, anticipating a price correction, with targets around 3,620 and 3,615.
Currently, the gold market has entered a high-range range, presenting opportunities for both long and short positions. For detailed real-time strategies, please follow my updates.
Gold Strategy
This morning, I recommend opening a short position in the 3,640-3,650 range, anticipating a price correction, with targets around 3,620 and 3,615.
Thirteen years of experience in gold analysis: stable returns are the key to long-term
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Thirteen years of experience in gold analysis: stable returns are the key to long-term
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.