Continue to short gold

已更新
From the market point of view, the decline of gold in recent trading days is inseparable from the boost of news, but overall, the bears have clearly taken the advantage. In terms of the daily line, the current daily line structure is six consecutive negatives, which is very weak from the perspective of the shape alone, especially after breaking the 2630 low support and closing at a low level. After the gold price tested near 2630 yesterday, the upward weakness was fully revealed. The short-term indicators continued to probe downward, and the price was under pressure. The short-term 5-day moving average and the 20-day moving average formed a strong suppression. The other period moving averages maintained a short-term arrangement and development. The daily line tended to be obviously weak, and the overall bears had the advantage.

Operation ideas: It is recommended to continue to look at the performance of bears for intraday operations. As for the upper resistance, continue to pay attention to the 2630 area. This is the low point of last week and is a strong support. It is also the current top-bottom conversion. Therefore, there is a probability of continuing to explore the 2600 area or even breaking through it during the day. If it is strongly broken by the bulls, it may form a wave of continued pull-up. At that time, we need to focus on the intensive strong pressure in the 2645-2650 area. After being pierced at the end of last week, there was a large decline, which fully demonstrated that its suppression was strong, so we can continue to arrange short positions. As for the lower support, pay attention to the 2605-2600 area. As the low point of yesterday's trading, it is the first time to approach it in the white market today. Short-term long can be considered, but any break will increase the probability of short-term extension downward. At that time, we need to pay attention to the short-term support formed in the 2685-2688 area. Of course, for these short-term supports, I think we can only participate in short-term long when the opportunity arises. After all, the current short-term control ability is constantly strengthening.
交易進行
The first resistance level of gold has been broken, continue to watch the second resistance level 2648-2650
交易進行
The first resistance level of gold has been broken, continue to watch the second resistance level 2648-2650
交易進行
The first resistance level of gold has been broken, continue to watch the second resistance level 2648-2650
Harmonic PatternsTechnical IndicatorsTrend Analysisxauusdanalysisxauusdforecastxauusdforexxauusdupdates

t.me/KevinTaylor999
Get 100% free trading signals on my channel
Minimum weekly account profit 100%+
更多:

免責聲明