Gold: The Fed paused to raise rates. Whether it is extended is k
Gold, yesterday's big drop, very weak close, and yesterday's intraday reversal shock, did not go weak, to the U.S. market with the news of the reversal, the price test above the resistance 1960, but also the previous day down 618 position, but not a rapid retreat, but the horizontal, the Federal Reserve rate meeting, stop raising interest rates, gold also then fell, and the Asian market broke the bottom, the daily line again even negative, d-line formation nail pattern.
This is equal to a washout decline for yesterday's intraday bearishness.
1, the previous day's big drop very weak close, no matter how, the rebound is to empty, the European fall is very weak, the European rebound U.S. rush is shock.
2, the U.S. market and the same as before, go is a rebound, to 618 is definitely a shock, the reversal is too large, but the result is still dependent on the news down.
3, the closing did not further break the bottom, but this morning's renewal of the fall broke the level.
Then this pattern can establish the watershed morning high of 1945, the reversal of the past, continue to be oscillating.
And intraday, the question of whether to continue to bearish, if bearish, the Asian market down, the European market bearish position, it will not be too high. Otherwise, resist the fall, and the shock.
Therefore, today's operation or two parts, in view of the two days rushed back down, if the day involved in the short list, the European market does not fall, the U.S. market out, in making new arrangements.
1, the previous three lows in 1940 a line, has been stressed that the rise in the constant testing of the bottom, the probability of breaking is very high, but has not been able to take, so broken in the morning, then the back of the top should be seen as resistance.
2, hourly large negative top in 1939 a line, according to the counter pressure, which is also a key resistance level.
3, the time point European, if it is to continue to look weak, then the European must continue to fall, the European does not fall, it is easy and yesterday, the same as the U.S. market to go higher.
So, today the day can be involved in 1939-40 position sell, and we are also in 1939-40 position sell. tp29-28. profit of $10.
But for doing more, can not because of the two days washout, go to do more, one is the daily line even negative down, and a single positive, the other is a broken bottom, and no big drop, the opportunity to release the short, so this temporarily do not go BUY.
This is equal to a washout decline for yesterday's intraday bearishness.
1, the previous day's big drop very weak close, no matter how, the rebound is to empty, the European fall is very weak, the European rebound U.S. rush is shock.
2, the U.S. market and the same as before, go is a rebound, to 618 is definitely a shock, the reversal is too large, but the result is still dependent on the news down.
3, the closing did not further break the bottom, but this morning's renewal of the fall broke the level.
Then this pattern can establish the watershed morning high of 1945, the reversal of the past, continue to be oscillating.
And intraday, the question of whether to continue to bearish, if bearish, the Asian market down, the European market bearish position, it will not be too high. Otherwise, resist the fall, and the shock.
Therefore, today's operation or two parts, in view of the two days rushed back down, if the day involved in the short list, the European market does not fall, the U.S. market out, in making new arrangements.
1, the previous three lows in 1940 a line, has been stressed that the rise in the constant testing of the bottom, the probability of breaking is very high, but has not been able to take, so broken in the morning, then the back of the top should be seen as resistance.
2, hourly large negative top in 1939 a line, according to the counter pressure, which is also a key resistance level.
3, the time point European, if it is to continue to look weak, then the European must continue to fall, the European does not fall, it is easy and yesterday, the same as the U.S. market to go higher.
So, today the day can be involved in 1939-40 position sell, and we are also in 1939-40 position sell. tp29-28. profit of $10.
But for doing more, can not because of the two days washout, go to do more, one is the daily line even negative down, and a single positive, the other is a broken bottom, and no big drop, the opportunity to release the short, so this temporarily do not go BUY.
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Gold: Important trading strategies for the US market hours
Gold: Important trading strategies for the US market hours
