Nancy
1.4K posts

Nancy
@Nancy_CFA
Analyst, financial advisor, account manager. Full-time #gold (#XAUUSD) trader. Risk management is paramount. Join me. Start your trading journey!


#XAUUSD #GOLD #FX The 1-hour chart shows a complete short-term downtrend structure with significant top-to-bottom reversal characteristics. During the US session on Tuesday, the price faced resistance after rebounding to 4250 and subsequently retreated, forming a classic bearish continuation pattern. The short-term moving average alignment remains bearish, and the decline is accompanied by volume, indicating persistent selling pressure. Following the break below the 4200 mark during the Asian session, this level has shifted from support to resistance; unless the price can stabilize above 4200 during the day, the downward trend is likely to continue. Short-term trading strategy: Go short on a rebound to the 4220 area, with targets at 4170–4150.


#XAUUSD #GOLD #FX The 1-hour chart shows a complete short-term downtrend structure with significant top-to-bottom reversal characteristics. During the US session on Tuesday, the price faced resistance after rebounding to 4250 and subsequently retreated, forming a classic bearish continuation pattern. The short-term moving average alignment remains bearish, and the decline is accompanied by volume, indicating persistent selling pressure. Following the break below the 4200 mark during the Asian session, this level has shifted from support to resistance; unless the price can stabilize above 4200 during the day, the downward trend is likely to continue. Short-term trading strategy: Go short on a rebound to the 4220 area, with targets at 4170–4150.




#XAUUSD #GOLD #FX The decline in gold prices continues. Currently, gold is around 4220, and a break below 4200 is only a matter of time. We can wait for gold to rebound to the 4225-4235 area to short it. Support levels to watch are around 4180-4170. Short-term gold trading recommendation: Sell on rallies.














#XAUUSD #GOLD #FX Gold prices opened lower, but I remain bullish on the overall trend today. In the short term, pay attention to the support level around 4300-4280. If gold holds this level, we can consider buying gold around 4280-4300. Aggressive traders can consider buying gold around 4300-4310. If gold breaks below 4280, the bullish outlook is invalidated. Trade cautiously and wait for a better entry point. If you like my analysis, please like and follow me.











