The rally in the 1-hour period is gradually slowing down near the stage high of 2265, and the market is consolidating at a high level. The MA moving average cross in the 1-hour period points upward, and the overall market outlook is bullish. The KDJ of the 1-hour period and the 15-minute period cross downward and point bearishly, and the KDJ of the 1-hour period is overbought, indicating a downward trend in the short term. The RSI in the 1-hour period did not reach new highs with the market, showing a bottom divergence, with a short-term downward trend. The trading volume in the 1-hour period continued to shrink with the new highs of the market, indicating an abnormality in the market. In the short-term, there is a demand for a pullback!
The 2265 line is the pressure of the daily front channel and the upper limit of the daily Bollinger Band. The current situation is still in an upward trend, but the rise from 2157 may have ended, and the short-term adjustment will fall back. Focus on the resistance of 2265-2280 at the top and the support at 2200 at the bottom
gold:sell2160-2165
tp:2155-2150
sl2170
Comment:
You will make a profit by selling 2160, the strategy is accurate
Comment:
The market is still showing a bullish trend. Judging from the green candlesticks that appear simultaneously on the monthly, weekly and daily lines, it is expected that the price of gold will continue to hit new highs this week.
Comment:
In the 4th hour of gold, the big negative line began to turn around. This is also a signal that the strength of the bulls has weakened, and the shorts may start, and it may still fall.
Comment:
In the early trading of the day, it continued to break high and there is no sign of retracement, so let’s take a look.
Comment:
If it falls, focus on the 2222 support below.