Gold Analysis
Technical analysis: from the H4 point of view, the gold price range fluctuated in early trading, the concussion range was [1760 ~ 1765], the upper pressure level was 1775, the lower support level was 1750, and from D1, the upper pressure level was 1770 and 1780, and the lower support level was 1760 and 1750. yesterday, the gold price fell below 1760 many times, and then defended 1760, indicating that the short-term gold price struggled fiercely, and today we still focus on the position 1760. Once the gold price completely falls below 1760, Then the gold price will open a downward channel, trading advice:
1, the gold price falls below 1760, trade sell orders, otherwise buy
2, gold prices do not break through 1765, trade sell orders, otherwise buy
3, defensive strategy: gold prices trade buy orders at 1750 and sell orders at 1775
1, the gold price falls below 1760, trade sell orders, otherwise buy
2, gold prices do not break through 1765, trade sell orders, otherwise buy
3, defensive strategy: gold prices trade buy orders at 1750 and sell orders at 1775
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