Will gold fall after the 3.26 shock correction? Gold market anal
Gold technical analysis: Gold is currently trading negative for two consecutive days, with a correction from the 2222 line to the lowest 2157 line, with a drop of 65 US dollars. However, compared with the 238 US dollars increase of gold since its rise in 1985, the correction is obviously not enough, even if it is a strong correction. , it will at least touch the 2140-2130 area support, so judging from the magnitude of the callback, it is not enough. However, since the correction started at 2222, the speed of the correction was too fast, and the magnitude of the correction was also very large. Therefore, the next correction of gold may be more repeated, but the rhythm of the correction has not changed yet. Therefore, in terms of current operations, I believe that the short-term trend is still bearish, but once the correction ends, or the daily correction breaks through a new low of 2157 and stabilizes, a rebound may begin at any time.
Judging from the running rhythm of gold during the day, the overall trend is still fluctuating around the running rhythm of the U.S. Index. Therefore, whether there is room for gold to continue to rebound tonight also depends on whether the U.S. Index can further retreat and adjust the corresponding U.S. Index. If it can retrace around 104, then gold will most likely test the 2182-85 area. At the four-hour level, the golden stage fluctuates downward in parallel. This stage moves relatively slowly and is a small step back in the trend. It is not a unilateral decline, so it appears to be gentler. The small cycle will fall back at the 2181 level first in the short term. The overall trend today is to maintain the adjustment trend. On the whole, today's short-term operation of gold, I suggest shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2181-2186 first-line resistance, and the bottom short-term focus is on the 2146-2157 first-line support. Friends, you must keep up with the rhythm. . It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.
golden signal
Sell2181-2183
TP2175-2165
Judging from the running rhythm of gold during the day, the overall trend is still fluctuating around the running rhythm of the U.S. Index. Therefore, whether there is room for gold to continue to rebound tonight also depends on whether the U.S. Index can further retreat and adjust the corresponding U.S. Index. If it can retrace around 104, then gold will most likely test the 2182-85 area. At the four-hour level, the golden stage fluctuates downward in parallel. This stage moves relatively slowly and is a small step back in the trend. It is not a unilateral decline, so it appears to be gentler. The small cycle will fall back at the 2181 level first in the short term. The overall trend today is to maintain the adjustment trend. On the whole, today's short-term operation of gold, I suggest shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2181-2186 first-line resistance, and the bottom short-term focus is on the 2146-2157 first-line support. Friends, you must keep up with the rhythm. . It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.
golden signal
Sell2181-2183
TP2175-2165
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The recent roller coaster ride of gold has been a rollercoaster of ups and downs. I hope all my friends can make money. God will love each of us. I will send some free trading signals in my channel. It is also a great honor to help friends make money.