Gold prices rebounded as expected after hitting a low; watch how
https://www.tradingview.com/x/2LVuOHuS/
If you're currently struggling with losses or unsure which strategy to follow, you can choose to observe my analysis and operations. I provide real-time, transparent, and fair live trading signals and offer free communication within my channel. If you need help, I'll always be here, but how can I help you if you don't even reach out?
The long-awaited interest rate cut has finally happened. The Federal Reserve cut rates by 25 basis points, and Powell dampened expectations for further rate cuts, causing gold to fall sharply. The opening low was around 3915, in line with market expectations. The market reaction was significant; gold didn't rise as expected but instead plunged. That's the market—it's always right. Today's strategy remains to follow the bears, looking for opportunities to short on small rebounds. The daily moving averages are starting to diverge downwards. Yesterday's bullish rebound failed to break the daily moving averages but hovered around them before falling further. Moving average resistance has always been the bulls' last lifeline. The weekly top has already appeared, so our future operations will focus on shorting on rallies. If you're currently experiencing difficulties with your trading and hope I can help you avoid common pitfalls, feel free to contact me for discussion!
Looking at the 4-hour chart, the current short-term resistance level to watch is 3978-85, with a key resistance level at 4047-55. Short-term support is around 3915-20. Trading should focus on range trading; avoid chasing the market and wait patiently for key entry points. Specific trading strategies will be provided during trading hours, so please pay close attention.
Gold Trading Strategy:
Sell gold at 3978-3985, and again at 4037-45, with a stop-loss at 4059 and a target of 3880-3895.
If you're currently struggling with losses or unsure which strategy to follow, you can choose to observe my analysis and operations. I provide real-time, transparent, and fair live trading signals and offer free communication within my channel. If you need help, I'll always be here, but how can I help you if you don't even reach out?
The long-awaited interest rate cut has finally happened. The Federal Reserve cut rates by 25 basis points, and Powell dampened expectations for further rate cuts, causing gold to fall sharply. The opening low was around 3915, in line with market expectations. The market reaction was significant; gold didn't rise as expected but instead plunged. That's the market—it's always right. Today's strategy remains to follow the bears, looking for opportunities to short on small rebounds. The daily moving averages are starting to diverge downwards. Yesterday's bullish rebound failed to break the daily moving averages but hovered around them before falling further. Moving average resistance has always been the bulls' last lifeline. The weekly top has already appeared, so our future operations will focus on shorting on rallies. If you're currently experiencing difficulties with your trading and hope I can help you avoid common pitfalls, feel free to contact me for discussion!
Looking at the 4-hour chart, the current short-term resistance level to watch is 3978-85, with a key resistance level at 4047-55. Short-term support is around 3915-20. Trading should focus on range trading; avoid chasing the market and wait patiently for key entry points. Specific trading strategies will be provided during trading hours, so please pay close attention.
Gold Trading Strategy:
Sell gold at 3978-3985, and again at 4037-45, with a stop-loss at 4059 and a target of 3880-3895.
تم فتح الصفقة
Continue to wait for gold to pull back.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.