Friday Market Analysis and Signals
The daily line ended the 6-day continuous decline structure. Yesterday, the US market formed a bottoming out and pulled up. After the lowest point reached 2602, it gradually rose strongly. The daily line closed at the MA5 daily moving average. The short-term hourly chart RSI indicator broke through the central axis, and the MA10/7-day moving average 2616 formed a golden cross and opened upward. The hourly chart was in the upper and middle rails of the Bollinger band. The gold correction today is a low-multiple layout. The European and American markets are expected to rise again. Pay attention to the high and fall. The overall rhythm of trading is that it fluctuates upwards and then falls back.
Gold has begun to stop falling in the short term, and the market has begun to fluctuate again. Of course, gold bulls may not be able to go high. Today, we will see gold fluctuate and sell high and buy low during the day. Since the gold bears did not take 2600 in one fell swoop, the gold bulls have the opportunity to prepare for a counterattack.
Gold has not formed a dead cross in the 4-hour chart yet, and has not broken down yet. If it breaks down, the downward space of gold can be opened, and short-term gold will start to fluctuate. Gold has not broken through the 2600 line three times. Today, gold can hold 2600 and go long first. Pay attention to the resistance near the moving average suppression of 2648 and continue to go short. On Friday, sell high and buy low between 2610-2648.
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Gold has begun to stop falling in the short term, and the market has begun to fluctuate again. Of course, gold bulls may not be able to go high. Today, we will see gold fluctuate and sell high and buy low during the day. Since the gold bears did not take 2600 in one fell swoop, the gold bulls have the opportunity to prepare for a counterattack.
Gold has not formed a dead cross in the 4-hour chart yet, and has not broken down yet. If it breaks down, the downward space of gold can be opened, and short-term gold will start to fluctuate. Gold has not broken through the 2600 line three times. Today, gold can hold 2600 and go long first. Pay attention to the resistance near the moving average suppression of 2648 and continue to go short. On Friday, sell high and buy low between 2610-2648.
More signals have been sent to the VIP group
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