Gold analysis to benefit your trading.
Since the opening of this month, the market price has fallen back to test the support around 2282 three times. Each time, there has been a rapid pullback. After falling to 2292 on the previous trading day, it failed to fall further. Instead, it turned back higher, and the rise was obviously faster than the fall. . At the same time, after the market continued to rise yesterday, it came under pressure around the previous high of 2328. However, this pressure did not have much correction. It continued to remain at a high level and could not go back down. It rose higher and closed at a high level and remained at a high level. , which shows the strength of the current price. After experiencing yesterday's downward trend and pulling back higher, we define the current trend as the completion of the correction and the return of bulls, so it is inevitable to follow the trend.
Gold 4-hour level Yesterday, a wave of consecutive positive gains drove the Bollinger Bands to open upward, and the short-term trend is stronger. The current price continues to rise and fall at the upper track, indicating that the pressure near the upper track 2332 is greater. Although the short-term trend is stronger, the overall trend is still subject to range restrictions. The 1-hour gold price surged above 2332 in the early hours of last night and fell back under pressure. The price consolidated and closed in late trading. It formed a second surge in early trading today, with a high of 2329. Bulls have insufficient momentum and are expected to enter the adjustment stage again in the short term. Therefore, early trading operations can be done at 2332 To defend against betting, look for a pullback, and wait for the support below to be confirmed to go long again. On the whole, today's short-term operation of gold recommends shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2330-2335 first-line resistance, and the bottom short-term focus is on the 2305-2300 first-line support.
Gold 4-hour level Yesterday, a wave of consecutive positive gains drove the Bollinger Bands to open upward, and the short-term trend is stronger. The current price continues to rise and fall at the upper track, indicating that the pressure near the upper track 2332 is greater. Although the short-term trend is stronger, the overall trend is still subject to range restrictions. The 1-hour gold price surged above 2332 in the early hours of last night and fell back under pressure. The price consolidated and closed in late trading. It formed a second surge in early trading today, with a high of 2329. Bulls have insufficient momentum and are expected to enter the adjustment stage again in the short term. Therefore, early trading operations can be done at 2332 To defend against betting, look for a pullback, and wait for the support below to be confirmed to go long again. On the whole, today's short-term operation of gold recommends shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2330-2335 first-line resistance, and the bottom short-term focus is on the 2305-2300 first-line support.
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Many people are looking for free trading information in the market, but the result is losses. If you find me, you will not experience this, and I will help you make profits.
Trade active:
If you are still losing money after seeing the post, you can contact me and I will help you double your account profits within a week. If not, all my services will be free and I will replenish the missing profits to you.
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If your account is losing money, contacting me will be your best option because we have proven this over time and we have made huge profits every week.
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