XAUUSD:It could break through 2530
https://www.tradingview.com/x/Lv6AW00c/
The price continues to fluctuate within the resistance zone. Looking at the 4-hour chart, both the indicators and the current pattern favor the bulls. If the price doesn’t break below the 2517-2511 area before tomorrow’s New York session, we can expect an upward move.
At the same time, the DXY is starting to show signs of forming a bottom, the likelihood of it moving in the same direction as gold is low. Once the DXY successfully bottoms out (which I expect to happen around the 99.5-99 level), it will likely mark the medium-term top for gold. At that point, the trading strategy should focus on selling at high levels.
The price continues to fluctuate within the resistance zone. Looking at the 4-hour chart, both the indicators and the current pattern favor the bulls. If the price doesn’t break below the 2517-2511 area before tomorrow’s New York session, we can expect an upward move.
At the same time, the DXY is starting to show signs of forming a bottom, the likelihood of it moving in the same direction as gold is low. Once the DXY successfully bottoms out (which I expect to happen around the 99.5-99 level), it will likely mark the medium-term top for gold. At that point, the trading strategy should focus on selling at high levels.
تم فتح الصفقة
The double top pattern was constructed again, and the rebound resistance was 2518تم فتح الصفقة
Before the start of New York time, the price broke through the support and started a sharp decline. There will be some rebounds during today's trading. If it cannot stabilize above 2506, the downward trend will not change, and trading will continue to be dominated by shorts.
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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.