Gold key resistance not broken, Continuation of weak shock!

30 Nis

📌 Pattern analysis and attention:
[Reference: Russia-Ukraine peace talks, US-Japan tariff negotiations]
[Data: ADP employment, GDP data, PCE index, first quarter consumer spending, personal spending data]

📊Technical aspects: The current golden week maintains a range of 3260-3360 fluctuations, showing a weak oscillation pattern of falling first and then rising, but with stronger downward momentum. Technical aspects show that 3360 is a short-term long-short watershed. If it cannot be broken through, it will maintain low-level fluctuations; 3340 is the core key position. If it stands firm, it will turn into a strong oscillation, otherwise it will continue to be weak. The first two days of the week closed below 3320, confirming short-term weakness.

🎯Practical strategy: Short sell when it rebounds to 3320-3325 area, target 3310-3300.

30 Nis

İşlem aktif

Now the price encounters resistance again near 3320, gold 3312-16 is directly short

30 Nis

İşlem kapandı: hedefe ulaştı

The trend of gold on Wednesday is exactly the same as today's analysis. Today's analysis focuses on the support rebound of 3260-68 below. Gold rebounded after hitting the low of 3267. Then we intervened in long orders at 3280 and 3270. The long orders were also perfectly closed at 3290. Once again, we encountered resistance at 3320 many times and arranged to short gold at 3312. After a narrow range of fluctuations, gold fell to our TP3300 position. We closed the position manually and locked in profits in time. If you follow my short gold trading strategy, I believe you must have made very good profits. Congratulations!