Is range oscillation so difficult to break?

9 dic 2024

According to the trend and analysis of the Asian morning session, gold continues to maintain a weak rebound and is blocked. The operation strategy can be carried out along the trend of shock and short position. The following is a specific analysis and strategy:

Market analysis
Technical level:
Resistance level: 2650-2653 area is the key pressure area. The suppression effect last week continues, and it is difficult to break through.
Support level: Short-term support is around 2625. If it breaks down effectively, it may further test the 2606-2612 range.

News:
The current bulls need strong geopolitical or data stimulation, but there is a lack of obvious driving force in the short term, and the market is still under pressure at high levels.

Disk characteristics:
After testing the support in the early Asian session, it rebounded quickly, indicating that the bulls' protection force below still exists, but the pressure above is also strong, and it may maintain range shocks in the short term.
Operation strategy
Short order strategy (main tone):
Entry point: 2650-2653 area.
Stop loss position: 2662.
Target position:
First target: 2625-2630 area.
Second target: If it breaks, look to 2606-2612 area. .

Long order strategy (alternative):
Condition: If the price stabilizes near 2625 and cannot effectively break down, you can try to go long with a light position.
Entry point: 2625-2627 area.
Stop loss position: 2620.
Target position:
First target: near 2645.

Notes
Pay attention to the key volatility time period of the European and American markets. Gold may expand due to fluctuations in the foreign exchange market.
Pay attention to breaking news and data, especially geopolitical events.
Move stop loss in time to protect profits and strictly implement trading plans.
Maintain the concept of trend-following trading, mainly rebound shorting in the short term, and guard against the risk of sweeping orders back and forth in the oscillation range.
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9 dic 2024

Trade attivo

From the 4-hour analysis, the market trend shows obvious range suppression and support.

Market analysis
Suppression position: 2650-2653
The current price is under pressure in the 2650-2653 area. Before breaking through the 2660 mark, the overall trend is still bearish. After the pullback to the suppression position, there is a high probability of continuing to decline.

Support position: 2625
The short-term support is around 2625, where a short-term rebound may form, but before there is a strong signal, the downward trend is dominant. If it falls below 2625, it will further look to 2612.

Operation strategy
Short order layout
Entry point: Short in the 2653-2656 area, short in line with the main trend.
Stop loss position: Set at 2662 to avoid risks.
Target position: The first target is 2625-2630. If it breaks, look at the lower point of 2612.

Risk control suggestion
Strict stop loss: Stop loss at 2662 to prevent unexpected rebounds in the market.
Gradually stop profit: When approaching the target area, you can gradually close the position according to the K-line pattern to lock in profits.
In the current market structure of range oscillation and downward trend, we should mainly trade with the trend, and focus on observing the breakthrough of pressure and support areas.

9 dic 2024

Trade chiuso: obiettivo raggiunto

Gold fluctuated upward in the US market, breaking through the suppression of 2660 last week, and is currently fluctuating around 2670. Has gold changed its trend?

This is the question of many friends. When breaking through the 2660 line, the bulls become more and more obvious, but we should not chase the high position. After all, the suppression above still exists. Pay attention to the suppression of 2680-82 above, but the possibility of breaking through this position is not great. Judging from the 4-hour analysis, the bulls have not disappeared in the short term, and we should not rush to chase the longs. The risk of chasing the longs is greater than the current short position near 2675. At the top, we are now focusing on the 2680-2682 first-line suppression, and at the bottom, we focus on the 2748-2653 first-line short-term Support, if the rebound does not break, you can go short. Never chase the long position at a high level.

Gold operation strategy:
1. Gold is short at 2680-2683, stop loss at 2692, target at 2645-2653, look at 2626-2632 for a break;