GOLD precise analysis, gold rebounds and goes short.

19 Haz

The Fed's June resolution kept interest rates unchanged, but Powell's hawkish remarks (expected to slow down the pace of future rate cuts) suppressed gold prices, causing gold prices to fall from around $3,396 to $3,362; the rebound of the US dollar index put short-term pressure on gold, but gold rebounded slightly when the US dollar pulled back; the conflict between Iran and Israel continued to ferment, and safe-haven demand partially supported gold prices, limiting the decline. After several days of volatility, gold opened slightly higher today and then fell sharply to $3,347.56/ounce, breaking the unilateral decline in the volatile trend. The 4-hour moving average was in a short position, the Bollinger band narrowed, and the gold price was running near the lower Bollinger band, so today's operation rebounded and went short.
[Operational suggestions]

3369-70 short, stop loss 3382, target 3358-53.

20 Haz

İşlem aktif

The market is just as I analyzed. Congratulations to all traders for making a profit of 20 points. For actual market participants, considering that some market windows have a certain timeliness for real trading. You can follow Charlie so that you can choose the appropriate strategy to operate. He has in-depth research on commodities such as gold, crude oil, and silver. If you are not doing well in trading or your investment funds are often shrinking, then you can follow Charlie himself.