Technical analysis:
From the daily chart, technical indicators show signs of upward exhaustion and lose strength at extreme levels. At the same time, gold prices are holding above all bullish moving averages, with the 20-day simple moving average (SMA) providing dynamic pressure near 2941.70. From the 4-hour chart, the 100-period SMA and 200-period SMA continue to move higher, well below the above short-term moving averages. At the same time, the momentum indicator moves lower in the positive area but loses downward strength; while the relative strength index (RSI) corrects the overbought condition and then stabilizes near 61. Overall, Zhang Jinglin recommends wide fluctuations in gold operations today!
Short-term operation strategy:
SELL: Short near 3045 above, stop loss 3051, target near 3015, 3000.
We update regularly throughout the day and tell you how we manage active ideas and settings. Thank you for your likes, comments and attention, we are very grateful!
From the daily chart, technical indicators show signs of upward exhaustion and lose strength at extreme levels. At the same time, gold prices are holding above all bullish moving averages, with the 20-day simple moving average (SMA) providing dynamic pressure near 2941.70. From the 4-hour chart, the 100-period SMA and 200-period SMA continue to move higher, well below the above short-term moving averages. At the same time, the momentum indicator moves lower in the positive area but loses downward strength; while the relative strength index (RSI) corrects the overbought condition and then stabilizes near 61. Overall, Zhang Jinglin recommends wide fluctuations in gold operations today!
Short-term operation strategy:
SELL: Short near 3045 above, stop loss 3051, target near 3015, 3000.
We update regularly throughout the day and tell you how we manage active ideas and settings. Thank you for your likes, comments and attention, we are very grateful!
Trade attivo
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Pubblicazioni correlate
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.