Gold may usher in a short-term rebound

Only by making continuous efforts can we gain something. Sowing and harvesting are not in the same season; the process of shaping yourself is painful, but please believe that you will reap a better self. Efforts and gains are all your own.

Gold has tested its previous low today, and the overall drop has exceeded expectations. However, as long as the previous low is not broken, there is still a chance for a rebound. Therefore, today it mainly depends on the undertaking strength of the 1954~1953 area. For gold operations, it is recommended to buy at 1956, stop loss at 1952, and target 1966~1970. If it rebounds to the 1970 line, pay attention to possible selling opportunities again.
The gold daily line is negative, the first stage of the rebound is over, and it is currently bottoming out for the second time.

In terms of magnitude, Friday’s rebound will be at least similar to the level launched on May 6. At present, three waves of decline from the high level have already appeared, and it may also develop into a five-wave promotion structure in the later stage. Therefore, in the past two days, we will mainly focus on the 1989~1993 area Reaction.
The intraday pressure is 1966~1970, and the support is 1956~1952.

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Trade active:

Gold also started to rise as I expected

Trade active:

Gold reached the second take-profit position, and today it took two take-profit points perfectly. I said that I like to prove my ability with my strength