Gavin-analyst

Gold surges to new all-time high

Gavin-analyst Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar

In the morning, my strategy of selling at 2197 was correct. Gold continued to be strong. Buyers intervened in the evening, pushing up the price of gold and reaching 2220 again. Now it has entered a strong pattern again. From the current operation, it is obvious that the bulls are rising. , although the increase is not large, it is a process of getting higher and higher lows and constantly moving up the lows. This is a typical shock and slow rise pattern. From the perspective of the golden daily line, the daily level is obviously adjusted by exchanging time for space, that is, it is not an exchange of amplitude, but an exchange of high sideways time for adjustment. When the indicator is corrected to a certain extent, a breakthrough will be formed. rise.

Tomorrow is Easter in the West and most countries are closed. Trading is expected to be very light tomorrow. In other words, today is basically the closing day of this month’s monthly line and this week’s weekly line! ! ! If the market outlook is going to fall, then there should be a plunge tonight. Otherwise, as the weekly closes higher, there is the possibility of continuing to set a new historical high next week. However, it may be a bit difficult to rise sharply. At best, it will be around 2240. From then on, Looking at the time window, next Monday is the 34th trading day of this round of rise from 1984, which may be the time window for a new round of market changes! ! ! On the whole, today's short-term strategy for gold is mainly to buy on callbacks, supplemented by selling on rebounds. The upper short-term focus is on the first-line resistance of 2233-2240, and the lower short-term focus is on the 2195-2200 first-line support.

gold:sell2235-2240
tp:2230-2225
sl:2248
Comment:
It doesn't make much sense to chase gold now. It will become a double top structure in 4 hours. The market will be closed tomorrow, and the operating strategy can continue to focus on selling high.
Comment:
This market is fair. Your losses are never without reason. My strategy is very accurate. I will tell you how to learn instead of simply sharing the strategy with you.
Comment:
For the current market situation, gold is still under the bullish trend. Therefore, in the short term, it will still fluctuate at high levels under the bullish trend. It will only realize the expected big drop after falling below 2145 in the future.
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