Judging from the one-hour pattern, the gold price fell rapidly yesterday and stopped at 1815, and then rebounded close to 17 US dollars. However, it was just a normal decline and rebound. After the pressure level is confirmed, the decline mode will continue. The turning point for shorts in the early stage was at 1830. The trend of the hourly line has repeatedly attacked 1830, but all of them have failed so far. The one-hour moving average pressure has been revised down to 1828, while the pressure on the trend line is at 1837. It has not stabilized at 1837. We are still We cannot think that the market has reversed, and if there are short signals during the period, we will continue to be bearish! In the short term during the day, continue to choose high-altitude operations; continue to follow the short principle! Today, focus on the resistance of 1830-1833 at the top and the support at 1815-1804 at the bottom. Continue to look down after breaking the position; the target position for this decline is 1800-1795 support, and the target will be bullish when the target reaches here;
Taken together, today’s gold short-term operation thinking is Jiesse’s suggestion to mainly go short on the rebound, and then go long on the pullback. The top short-term focus will be on the 1830-1833 first-line resistance, and the bottom short-term focus will be on the 1815-1804 first-line support. All friends must keep up with the rhythm. It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.
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