Oro / DollaroAggiornato Today's gold price is low and long - target 2720
Today's gold price is low and long - target 2720
Last week, gold showed a strong pattern of rising in tandem with the US dollar, which may continue in the short term.
However, the pressure on gold still exists, especially at the current historical high, and the repetitiveness will intensify.
After the release of non-agricultural data last Friday, it first fell back to around 2665 and then fluctuated higher. Inertial stretching at night once touched the 2698 line. This morning, it quickly fell back from around 2693 to 2679 and then fluctuated higher again.
So for intraday operations, Williams recommends paying attention to the strong pressure at the 2700 mark, not blindly bullish, and mainly doing long at low levels.
As shown in the figure
Four-hour cycle:
Last week, the price of gold continued to rise for a week, breaking the triangular range oscillation structure
This week, the price of gold is likely to peak at 2720
Operational ideas: Go long at low levels
Trading information reference:
BUY: 2665-2675 (bull waiting for callback interval layout)
SL: 2650-2645 (bull defense zone)
TP: 2680
TP: 2690
TP: 2695
TP: 2700
TP: 2705
TP: 2720
It is not easy to chase more in the 2680-2690 range
Patience to wait for low prices (2665-2675 range) to layout longs is currently the most reliable trading method.
If you also like my suggestions, you can leave a message to communicate with me
Last week, gold showed a strong pattern of rising in tandem with the US dollar, which may continue in the short term.
However, the pressure on gold still exists, especially at the current historical high, and the repetitiveness will intensify.
After the release of non-agricultural data last Friday, it first fell back to around 2665 and then fluctuated higher. Inertial stretching at night once touched the 2698 line. This morning, it quickly fell back from around 2693 to 2679 and then fluctuated higher again.
So for intraday operations, Williams recommends paying attention to the strong pressure at the 2700 mark, not blindly bullish, and mainly doing long at low levels.
As shown in the figure
Four-hour cycle:
Last week, the price of gold continued to rise for a week, breaking the triangular range oscillation structure
This week, the price of gold is likely to peak at 2720
Operational ideas: Go long at low levels
Trading information reference:
BUY: 2665-2675 (bull waiting for callback interval layout)
SL: 2650-2645 (bull defense zone)
TP: 2680
TP: 2690
TP: 2695
TP: 2700
TP: 2705
TP: 2720
It is not easy to chase more in the 2680-2690 range
Patience to wait for low prices (2665-2675 range) to layout longs is currently the most reliable trading method.
If you also like my suggestions, you can leave a message to communicate with me
Trade attivo
Trade chiuso: obiettivo raggiunto
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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.