April 21 Gold Morning Outlook


Good morning, everyone! The 1-hour cycle tested the bottom and rebounded, then moved sideways to consolidate. After bouncing back from the low of 4737 and breaking through the midline, it is currently trading strongly around 4820, with no clear reversal signals.
The candlestick pattern alternates between bullish and bearish, with a temporary balance between buyers and sellers. There is short-term resistance around 4833.

Trading Suggestions
Long: Stabilize around 4800-4810 and go long, stop loss below 4790, target 4840, break below to watch 4860
Short: Face resistance around 4830-4840 and go short, stop loss above 4850, target 4800

(These personal suggestions are for reference only; all trading should be based on actual market conditions) #黄金
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin