Will gold rise?Intraday trading has made 3 consecutive profits!
Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend?
I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong.
At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today.
In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong.
At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today.
In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
Trade active:
Gold was sold three times in 1998 and has all made a profit. Now it is the position to buy gold.
Trade active:
At present, the trading order for gold to buy gold below has also been profitable
Trade active:
At present, gold has rebounded to the highest level near 1994. The gold we bought near 1980 has reached the take-profit target of 1988. Congratulations to us for making a profit again.