Gold Spot / U.S. DollarUpdated 2.25 Gold Strategy: Still bullish on the decline!
2.25 Gold Strategy: Still bullish on the decline!
Monday's strategy recommends going long at 2935 support and taking profits at 2951!
Today we continue to stick to the low-long strategy!
Gold still maintains a sideways consolidation mode. Today's opening fell from 2953 to 2929, and then rebounded and pulled up. The recent rhythm is also the same. This is why we have always emphasized bullishness and not chasing up.
From the perspective of the European and US markets, the closing performance of the 4H cycle:
The high space is further shrunk, waiting for a breakthrough and then increasing the volume again. In terms of operation, the idea of going long on the decline remains unchanged.
Lower support: 2930, 2916, and gradually look at 2955 and 2972 above
Operational suggestions: Go long near 2930 for gold, stop loss at 2922, and target 2955, 2962, 2972
Monday's strategy recommends going long at 2935 support and taking profits at 2951!
Today we continue to stick to the low-long strategy!
Gold still maintains a sideways consolidation mode. Today's opening fell from 2953 to 2929, and then rebounded and pulled up. The recent rhythm is also the same. This is why we have always emphasized bullishness and not chasing up.
From the perspective of the European and US markets, the closing performance of the 4H cycle:
The high space is further shrunk, waiting for a breakthrough and then increasing the volume again. In terms of operation, the idea of going long on the decline remains unchanged.
Lower support: 2930, 2916, and gradually look at 2955 and 2972 above
Operational suggestions: Go long near 2930 for gold, stop loss at 2922, and target 2955, 2962, 2972
Trade active
Trade closed: target reached
💰FREE FOREX signals in Telegram:t.me/+ijU1aIBSMDFlZDFh
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.
💰FREE FOREX signals in Telegram:t.me/+ijU1aIBSMDFlZDFh
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.