Gold continued to fluctuate in today's Asian session, failing to initiate a strong rebound and instead fluctuating weakly. This suggests that gold's short-term correction has not concluded and may continue. Today's non-farm payroll report may be delayed, so without supporting data, short-term volatility is likely to continue.
Gold's 1-hour moving average has begun to turn upward, forming a double top pattern. Short-term bulls have yet to re-establish themselves at the gold neckline, indicating continued weakness. Gold rebounded several times but still failed to break through the pressure of 3865. Gold near 3865 in the European session is an opportunity to short on rallies.
Resistance levels: 3865, 3878
Support levels: 3843, 3828
For specific trading decisions, please follow my live updates. I will update my trading ideas and strategies daily. If you lack a gold trading plan or strategy and are struggling to achieve consistent and stable profits, you can refer to and follow my updates for guidance and help avoid mistakes.
Gold's 1-hour moving average has begun to turn upward, forming a double top pattern. Short-term bulls have yet to re-establish themselves at the gold neckline, indicating continued weakness. Gold rebounded several times but still failed to break through the pressure of 3865. Gold near 3865 in the European session is an opportunity to short on rallies.
Resistance levels: 3865, 3878
Support levels: 3843, 3828
For specific trading decisions, please follow my live updates. I will update my trading ideas and strategies daily. If you lack a gold trading plan or strategy and are struggling to achieve consistent and stable profits, you can refer to and follow my updates for guidance and help avoid mistakes.
Trade attivo
If you don't have a detailed trading plan for gold, follow my updates. I'll update my strategies and ideas daily for your reference, helping you avoid detours on your trading journey.Trade chiuso: obiettivo raggiunto
Wait patiently for the non-farm payroll data in an hour (there is a high probability of delay)
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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.