https://www.tradingview.com/x/GEEGzoK6/
If you're on the right track, distance doesn't matter. Time will prove your strength, strength will win you the future, trust will become profit, and profit will dispel doubts. Remember, never act impulsively in trading. The market punishes all those who are defiant, so never hold onto losing positions. Many people have experienced this firsthand: the more you hold, the more panicked you become, unrealized losses grow, you lose sleep and appetite, and you miss many opportunities. If you also have these worries, why not try following my approach and see if it brings clarity?
Friday's trading was mainly range-bound, with the highest point reaching 4027 and the lowest 3975. Based on the closing price, gold has once again risen above 4000. Bulls are still eyeing the 4047-55 level. Next week, continue to watch the battle for this level. If a rebound fails to break through, you can consider shorting. The key is that the resistance at 4047-55 hasn't been substantially broken, so shorting can yield steady profits. If your current trading isn't going well, I hope I can help you avoid some pitfalls. Welcome to communicate and exchange ideas!
From the 4-hour chart, the current resistance level to watch is 4020-25, with a key level at 4047-55 representing a potential turning point. Support levels to watch are 3960-70 and the previous low of 3888-90. My trading strategy is to primarily focus on selling rallies, avoiding chasing the market and patiently waiting for key entry points.
Gold Trading Strategy:
Sell gold at 4020-25, add to the short position at 4047-55, stop loss at 4059, target 3960-3970, and if it breaks down, target 3918-20.
If you're on the right track, distance doesn't matter. Time will prove your strength, strength will win you the future, trust will become profit, and profit will dispel doubts. Remember, never act impulsively in trading. The market punishes all those who are defiant, so never hold onto losing positions. Many people have experienced this firsthand: the more you hold, the more panicked you become, unrealized losses grow, you lose sleep and appetite, and you miss many opportunities. If you also have these worries, why not try following my approach and see if it brings clarity?
Friday's trading was mainly range-bound, with the highest point reaching 4027 and the lowest 3975. Based on the closing price, gold has once again risen above 4000. Bulls are still eyeing the 4047-55 level. Next week, continue to watch the battle for this level. If a rebound fails to break through, you can consider shorting. The key is that the resistance at 4047-55 hasn't been substantially broken, so shorting can yield steady profits. If your current trading isn't going well, I hope I can help you avoid some pitfalls. Welcome to communicate and exchange ideas!
From the 4-hour chart, the current resistance level to watch is 4020-25, with a key level at 4047-55 representing a potential turning point. Support levels to watch are 3960-70 and the previous low of 3888-90. My trading strategy is to primarily focus on selling rallies, avoiding chasing the market and patiently waiting for key entry points.
Gold Trading Strategy:
Sell gold at 4020-25, add to the short position at 4047-55, stop loss at 4059, target 3960-3970, and if it breaks down, target 3918-20.
Trade attivo
The current golden state may be the calm before the storm.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
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.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
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.