At the daily line level, the K-line fell below the support of the lower track of the Bollinger Bands, continuing the unilateral downward trend. The intraday K-line bottomed out at the lower track of the Bollinger Bands, and is expected to usher in a rebound
At the 4-hour level, the K-line fluctuates and falls in the downward channel, the 10-day moving average is under pressure above, and the bottom supports the lower track of the Bollinger Bands
At the 1-hour level, the K-line channel oscillated and fell, bottomed out within the day and began to rebound and rise, and the upper part focused on the suppression of the 1908 line on the Bollinger Bands
In general, gold is bearish in the medium and long term, and short-term is bullish. If you stand firm at 1908, you can go long, and at 1920, you can go short.
operation strategy
1. Go long on gold at 1901, stop loss at 1896, target at 1920
2. Short sell gold at 1920, stop loss at 1930, target at 1900
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