Last week, gold started to fall from 1956. After three days of consecutive declines, it gradually refreshed its lows, broke through 1940, 1932, and fell to a low of 1910. According to theory, gold fell below the previous lows, and the daily line was negative. The lower rail of the forest is clearly open. This trend should start a unilateral decline. The weekly line may be bearish to the low of 1830, but the actual trend is not the case. Before each wave of decline, there is a strong room to lure more upside. It is difficult to make an effective short order. For example, gold fell to 1910 on Friday. According to the extremely weak unilateral trend, it should rebound to 1918 and it can be directly shorted, but the U.S. market directly rebounded to 1938. Can it be shorted under this strength? It is necessary to give a big question mark, but fortunately, the dollar rebounded, and the overall price of gold closed at 1919. Next week, it is expected to be a weak shock. Continue to look at the space below according to the heavy volume of the daily line. There is an effective support point below 1900. 1860, 1830.
In addition, due to the influence of the geopolitical situation at the weekend, there may be a surge in the opening of the market on Monday, and effective transactions will be made after the market stabilizes.
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Wait for the market to confirm before giving a new signal
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