After the CPI data was released, gold prices surged as high as $30 before retreating. This indicates strong short-term selling pressure, and compared to the previous period of extreme bullish momentum, the short-term trend has clearly weakened. However, gold remains in a bullish trend. While it hasn't reached a new all-time high, the 5-day moving average remains strong. A drop below $3,610 would signal a short-term bearish trend.
Currently, the gold market has entered a high-range range, presenting opportunities for both long and short positions. For detailed real-time strategies, please follow my updates.
Gold Strategy
This morning, I recommend opening a short position in the 3,640-3,650 range, anticipating a price correction, with targets around 3,620 and 3,615.
Currently, the gold market has entered a high-range range, presenting opportunities for both long and short positions. For detailed real-time strategies, please follow my updates.
Gold Strategy
This morning, I recommend opening a short position in the 3,640-3,650 range, anticipating a price correction, with targets around 3,620 and 3,615.
Thirteen years of experience in gold analysis: stable returns are the key to long-term
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Thirteen years of experience in gold analysis: stable returns are the key to long-term
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
👇Free Strategy Guidance Channel👇
t.me/Violet_home0808
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.