Gold is currently trending slightly higher on the 4-hour chart, maintaining a slightly bullish bias along the short-term moving averages. The price is currently trading near the previous resistance zone, but there hasn't been much room for a pullback. We should be wary of a potential continuation of the upward trend during the European and American sessions. On the hourly chart, after a second upward move from the highs, it's currently consolidating in a narrow range with insufficient momentum. We should watch for a pullback before a continuation of the upward trend. There's some divergence on the smaller timeframes; we should monitor the short-term correction and recovery.
Transaction en cours
Short-term trading strategy:Buy gold around 4216-17 with a stop loss at 4209.2, or sell gold around 4260-1 with a stop loss at 4267.8. Real-time market guidance will be provided during trading hours.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.