3/10 Gold price range: 2885----2930
3/10 Gold price range: 2885----2930
This week, the gold price closed positive, but it has not broken through the range. Currently, gold is in a high consolidation stage.
The daily K-line shows an obvious oscillation pattern:
The upper pressure is at 2930 points
The lower support is around 2891 points and 2885 points.
In terms of operation ideas, it is recommended to adopt a low-multiple strategy in the range.
The specific operations are as follows:
Long order suggestions: long near 2896, stop loss set at 2888, target 2916, 2925.
Short order suggestions: If the upper 2930-2925 pressure area is not broken, consider shorting, and the target is the support level within the range.
If it breaks through:
The upper breakthrough continues to rise, and the pressure is at the high point of 2945-2956; the lower breakthrough continues to be bearish; the support is at 2870-2860!
It should be noted that the trend of next Monday is still unclear, and the specific operation needs to be adjusted according to the actual situation after the opening.
I will post my guide below the article as soon as possible. Thank you for your comments and attention.
This week, the gold price closed positive, but it has not broken through the range. Currently, gold is in a high consolidation stage.
The daily K-line shows an obvious oscillation pattern:
The upper pressure is at 2930 points
The lower support is around 2891 points and 2885 points.
In terms of operation ideas, it is recommended to adopt a low-multiple strategy in the range.
The specific operations are as follows:
Long order suggestions: long near 2896, stop loss set at 2888, target 2916, 2925.
Short order suggestions: If the upper 2930-2925 pressure area is not broken, consider shorting, and the target is the support level within the range.
If it breaks through:
The upper breakthrough continues to rise, and the pressure is at the high point of 2945-2956; the lower breakthrough continues to be bearish; the support is at 2870-2860!
It should be noted that the trend of next Monday is still unclear, and the specific operation needs to be adjusted according to the actual situation after the opening.
I will post my guide below the article as soon as possible. Thank you for your comments and attention.
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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.