UnknownUnicorn58713786

Gold analysis next week

Short
FX:XAUUSD   Gold Spot / U.S. Dollar

Gold's current trend seems to be, this round of decline is a continuous shock fall, the amplitude of the shock has contracted, in the upward adjustment, there is no breakthrough of the high, the upper resistance point gradually moved down, the trend is very simple, which brings certain convenience to our short-term operation layout, relying on the previous day's trading day above the resistance point trading. Friday's movement was the least volatile day, and without the participation of news and data, the market volatility became smaller. For next week's market trend, Friday's rebound high of 1897 is our reference trading position, and you can choose the resistance point for a new short-term layout. At the same time, in the big cycle, we follow the short rhythm, follow the overall trend of gold, and choose to go short

Join me for more free accurate trading signals
Trade active:
Signal group
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.