🗞News side:
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
At present, gold has fallen below the trend line support. In the short term, we should focus on the battle for 3360. This point is not only the previous support-to-resistance level, but also the key signal for judging the trend reversal. If it cannot hold on to this position, the short trend will continue; if it recovers effectively, it may return to above 3400. Before losing the defensive line (the last starting and falling point) 3360-3362, the bears will still have the upper hand. It just so happens that the 4H lifeline is also in the 3360-3362 area. If the suppression is successful, the price will enter the 3362-3284 area from the lifeline to the lower track.
The rebound layout of the US market operation is short-selling, with the target at 3340-3330, and further support at 3310-3300.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
At present, gold has fallen below the trend line support. In the short term, we should focus on the battle for 3360. This point is not only the previous support-to-resistance level, but also the key signal for judging the trend reversal. If it cannot hold on to this position, the short trend will continue; if it recovers effectively, it may return to above 3400. Before losing the defensive line (the last starting and falling point) 3360-3362, the bears will still have the upper hand. It just so happens that the 4H lifeline is also in the 3360-3362 area. If the suppression is successful, the price will enter the 3362-3284 area from the lifeline to the lower track.
The rebound layout of the US market operation is short-selling, with the target at 3340-3330, and further support at 3310-3300.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD Trade ist aktiv
Gold managed to hit our TP in anticipation of an easing of trade tensions after Trump announced a trade deal with the UK. Congratulations to all the bros who referenced and followed through on executing their short orders.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.