GOLD:Retracting the long trading strategy

21 Kas

Gold rebounded to around 2660 as scheduled, the bulls have come to strong pressure, but it has no meaning to fall, we can not know the end of this wave of long rebound, the operation to follow the trend, the shape of the weekly bearish trend will be changed, yesterday's bottom pulled up again, the daily line step by step, three consecutive trading days closed in the sun, Such a market must see clearly the general direction, otherwise it is difficult to grasp the rhythm, when you can not see clearly on the sidelines waiting, today's thinking waiting for its retrace opportunity to do long.

Daily line these two days to form two strong support, one is yesterday's low 2618 near, this position is not broken, short-term are strong, if broken, the form may form a new bear.

Another support is around 2642, yesterday's rebound high, is also a new form of support, today back to step on this position first layout more single. Target 2660, after breaking 2680-85.

21 Kas

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