Gold Market Resurgence volatility And Geopolitical Tension...

2 มิ.ย. 2024

The information you've provided seems to be about key price levels for gold, which are often used by traders to make decisions about buying and selling. Let's break down the details:

Main Resistance Level: 2327
Resistance Zone: 2345
Support Level: 2312
Here's a brief explanation of each term:

Resistance Level: This is the price point at which an asset faces selling pressure. In your case, 2327 and 2345 are resistance levels where gold prices might struggle to rise above due to increased selling interest.

Support Level: This is the price point at which an asset tends to find buying interest, which prevents the price from falling further. The support level of 2312 is a point where gold might see buying pressure that prevents it from falling below this level.

If you believe that gold will respect these levels, you might consider selling near the resistance levels (2327 and 2345) and buying near the support level (2312)

Risk Management:

Set stop-loss orders just below the support level if you are buying or just above the resistance level if you are selling to manage risk and protect against unexpected price movements.

3 มิ.ย. 2024

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Congratulations on the successful trade! It's great to hear that your analysis was spot on and that those who followed your trend were able to profit from it. Achieving a 140-pip movement in the gold market is impressive. Keep up the good work and continue sharing your insightful analysis. Happy trading!