Looking at gold on the daily line, the trend of gold prices is still upward, but the positive momentum has faded. Technical indicators are flat in positive territory, with a mildly bullish 100-day simple moving average (SMA) providing support near intraday lows around 1952.40, while the 20-day SMA remains directionless below the longer moving average, all of which limits bullish bullish sentiment for gold potential. Looking at gold from the 4-hour line, the price of gold is about to correct, but the reasons for being bearish are limited. Momentum indicators turned down from extreme overbought levels, while the Relative Strength Index (RSI) stood at 71. Meanwhile, gold is holding above all its moving averages, with the 20-period SMA breaking above the 200-period SMA, both of which are around 1940.
On the whole, it is recommended to call back and do more in the evening gold operation!
Night gold operation strategy:
Multi-single strategy: It is recommended to go long at 1955-1953, stop loss at 1946, and target around 1968;
Empty order strategy: It is recommended to go short in 1968-1970, stop loss at 1975, and target around 1958
On the whole, it is recommended to call back and do more in the evening gold operation!
Night gold operation strategy:
Multi-single strategy: It is recommended to go long at 1955-1953, stop loss at 1946, and target around 1968;
Empty order strategy: It is recommended to go short in 1968-1970, stop loss at 1975, and target around 1958
Trade active:
This week is the last trading day, so far I have made a cumulative profit of 180%+ this week
If you want to successfully close your position with a profit tonight, you can contact me and I will give you trading signals for free!
If you want to successfully close your position with a profit tonight, you can contact me and I will give you trading signals for free!