The price of gold remained relatively stable intraday with a slight increase, as the previous bearish momentum has not yet been fully released. After a rebound in gold, it is recommended to consider short selling at high levels.
The chart shows a 4-hour gold price trend.
There are several reasons for bearish sentiment towards gold:
Gold consolidated temporarily yesterday, and if it continues to be under pressure in the short term, the bearish trend may continue.
According to the updated wave trading system, the second wave C is currently in progress, and the previous low point may not be sustained, so the support level for the first round of upward movement will be considered in the future.
Intraday resistance is between 1822-1829, while support is between 1804-1786.
The chart shows a 4-hour gold price trend.
There are several reasons for bearish sentiment towards gold:
Gold consolidated temporarily yesterday, and if it continues to be under pressure in the short term, the bearish trend may continue.
According to the updated wave trading system, the second wave C is currently in progress, and the previous low point may not be sustained, so the support level for the first round of upward movement will be considered in the future.
Intraday resistance is between 1822-1829, while support is between 1804-1786.
Not
Take profit position:1813Not
Enter:1830Not
continue to holdNot
The fluctuation of the buying point should not cause undue concern.Not
1830 ProfitableNot
Keep going, this wave is for short-term backsteppingNot
Everyone can enter the discussion channel and communicate at any timeNot
when patience is tested
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.
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.