#XAUUSD
Gold was stimulated by news yesterday and hit a high of 3352 at one point, but failed to effectively break through and stabilize above it. In the short term, it did not completely reverse the unilateral trend.📊
At present, gold continues to fall and rebounds after testing the effectiveness of the support level of 3330-3320 below. 📈In the short term, pay attention to the 3350 mark above.🌈 Once it breaks through and stabilizes above 3355, it is expected to test the resistance near the previous high of 3370.📉
On the other hand, if gold fails to maintain a firm footing above this level, it will likely remain volatile in the short term.↘️
This is why I didn't immediately follow up with a short position after closing my short position near 3335, 🤔opting instead to wait and see the market. 👀Gold has been fluctuating repeatedly recently. Please be cautious when trading and beware of falling into traps set by market makers.🎁
Gold was stimulated by news yesterday and hit a high of 3352 at one point, but failed to effectively break through and stabilize above it. In the short term, it did not completely reverse the unilateral trend.📊
At present, gold continues to fall and rebounds after testing the effectiveness of the support level of 3330-3320 below. 📈In the short term, pay attention to the 3350 mark above.🌈 Once it breaks through and stabilizes above 3355, it is expected to test the resistance near the previous high of 3370.📉
On the other hand, if gold fails to maintain a firm footing above this level, it will likely remain volatile in the short term.↘️
This is why I didn't immediately follow up with a short position after closing my short position near 3335, 🤔opting instead to wait and see the market. 👀Gold has been fluctuating repeatedly recently. Please be cautious when trading and beware of falling into traps set by market makers.🎁
🌈CFA® Charterholder | Senior Market Trading Analyst | Helping millions of users double their account funds🌈
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
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.
🌈CFA® Charterholder | Senior Market Trading Analyst | Helping millions of users double their account funds🌈
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
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.