Don't Trade Recklessly! 5000-5110 Oscillation Range, Long and Short Strategy Breakdown



Afternoon Focus: Key Support at $5000
Pay close attention to the $5000 key support level this afternoon. Limited downside space below, with resistance to watch at $5100. Short-term long/short battles remain intense.
Today's overall strategy: Maintain range-bound oscillation trading approach.

Long Strategy: On dips to the 5000-5005 zone with stabilization, consider light long positions with stop loss at 4980, targeting 5070-5100.

Short Strategy: On rebounds to the 5095-5110 zone facing resistance, consider going short with the trend, stop loss at 5130, targeting 5020-5000.#黄金 #现货 $XAUT
XAUT0.17%
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