Through the analysis of the golden hour chart, we know that the market continues to fall back and adjust. During the decline of the market, the main bulls are in a state of increasing their positions, indicating that it is a short-term behavior. The market has been fluctuating widely at high levels recently, which is also a sign of the The early rebound is a repair action. From the picture below, we can clearly see that there is now a bottom signal again. When it reaches this line in the early stage, a relatively long lower shadow line appears, indicating that someone is buying the bottom to intervene below. It is expected that the lower shadow will continue to appear today, forming a single-pin bottom. In the short term, we will continue to think high, low and long, focusing on going long on dips. The specific suggestions are as follows:
Gold 1973 and 1961 are long respectively, with stop loss of US$7 each and take profit of US$20 each;
Gold 1988 and 1995 were shorted respectively, with stop loss of US$7 each and take profit of US$15 each.
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