freddeal

Gold Lianyin retracement, holding 1955 is still an adjustment or

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freddeal Güncellendi   
OANDA:XAUUSD   Spot Altın/ABD Doları


In terms of gold, last week gold touched 1987, and the daily line retreated in a negative manner, falling below the rising trend line support from 1902 and the middle track of the four-hour Bollinger Band. The short-term oscillating highs gradually moved down, and the lows gradually broke low. It touched 1957 on Friday, and the lows were corrected sideways in the early morning, and the short-term shocks were weak. However, Lianyang fell and still did not engulf the bottom of the daily sun. On the whole, the upward pattern has not been destroyed. There are still differences in the trend here, so we should not be too bearish today. The key watershed today is the support near 1955 at the bottom of the daily sun. If it stabilizes, it may still rise and test the previous high for the second time.



In terms of operation, relying on last Friday's low point of 1957-58 today, the watershed operation is strictly blocked, and it is necessary to rely on the intraday high point as a defensive layout. The bottom may continue to test the support of 1945 and 1941 no matter how much it is touched. The key suppression at the top is the reversal of the high near 1968 on Friday night. If it stabilizes within a day, it will break the short-term shock and decline pattern.



Gold: 1957-58 more, loss 1952, target 1967-68, fall below 1955, 1945 continue to be more


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
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