Gold Price Trading Strategy Analysis for Next Monday
As shown in the chart: Gold prices formed a false breakout on Friday, ultimately finding perfect resistance around 4160.
Given Friday's weakening volatility, gold prices are currently showing signs of a pullback, stabilizing around $4200.
This week, my free channel achieved a total profit of 83 points per lot, with a win rate of 85%.
All data is truthfully disclosed in my channel.
Current Gold Price Strategy:
1: As long as gold prices remain above $4190-$4200, the view is that the market is consolidating, and the possibility of an upward breakout remains.
Trading Strategy:
BUY: 4190-4200
SL: 4180
TP: 4230-4250---4280
2: If gold prices fall below $4190, given the false breakout on Friday, a drop below $4190-$4180 would be considered a high-probability oversold condition. Therefore, the predicted price of gold is $4150-$4100, or even lower.
The trading strategy is as follows:
SELL: $4180-$4190
SL: $4205
TP: $4150-$4100-$4000
This is the trading strategy for next Monday. If you feel confused and still can't grasp the rhythm of trading, you can wait for my guidance and advice in my public channel. Everything I share is my most genuine trading strategy.
Unfortunately, my channel was hacked last week, causing many fans to be unable to effectively contact me. But believe me, if you stay in my channel for a week, you will fully understand my trading strategy and logic, and you will become completely addicted.
Thank you for your attention.
If you have any questions, please leave a message or send me a private message.
As shown in the chart: Gold prices formed a false breakout on Friday, ultimately finding perfect resistance around 4160.
Given Friday's weakening volatility, gold prices are currently showing signs of a pullback, stabilizing around $4200.
This week, my free channel achieved a total profit of 83 points per lot, with a win rate of 85%.
All data is truthfully disclosed in my channel.
Current Gold Price Strategy:
1: As long as gold prices remain above $4190-$4200, the view is that the market is consolidating, and the possibility of an upward breakout remains.
Trading Strategy:
BUY: 4190-4200
SL: 4180
TP: 4230-4250---4280
2: If gold prices fall below $4190, given the false breakout on Friday, a drop below $4190-$4180 would be considered a high-probability oversold condition. Therefore, the predicted price of gold is $4150-$4100, or even lower.
The trading strategy is as follows:
SELL: $4180-$4190
SL: $4205
TP: $4150-$4100-$4000
This is the trading strategy for next Monday. If you feel confused and still can't grasp the rhythm of trading, you can wait for my guidance and advice in my public channel. Everything I share is my most genuine trading strategy.
Unfortunately, my channel was hacked last week, causing many fans to be unable to effectively contact me. But believe me, if you stay in my channel for a week, you will fully understand my trading strategy and logic, and you will become completely addicted.
Thank you for your attention.
If you have any questions, please leave a message or send me a private message.
Free signal group. t.me/+lae-YGZfoJ05NzVh
Professional gold trader, Master of Financial Management. Thank you for your attention, professional trading manager.
Professional gold trader, Master of Financial Management. Thank you for your attention, professional trading manager.
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 signal group. t.me/+lae-YGZfoJ05NzVh
Professional gold trader, Master of Financial Management. Thank you for your attention, professional trading manager.
Professional gold trader, Master of Financial Management. Thank you for your attention, professional trading manager.
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.