Looking at the 4-hour market trend, watch for the important support level of 3990-4000 below, and the bull-bear watershed of 3980-85. The bull market is rising strongly and there is no end in sight. Trading strategies should focus on buying on pullbacks. In the middle, be cautious about following orders.
Gold Trading Strategies:
1. Buy gold at 4000-4010, and add to long positions if it retraces to 3985-3993. Set a stop loss at 3977 and target 4045-4050.
Gold Trading Strategies:
1. Buy gold at 4000-4010, and add to long positions if it retraces to 3985-3993. Set a stop loss at 3977 and target 4045-4050.
Trade active
Wait patiently for the key points to enter the market. I will remind you of the specific operation strategy during the trading session, so please pay attention to it in time.Trade closed: target reached
As we analyzed, the bulls started to gain momentum when gold reached the 4000 support level, and the current profit point is 15 points.
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
Related publications
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.
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
Related publications
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.