Gold rose sharply during the US market session on Thursday and rushed to the 1980 mark, reaching as high as near 1985.The dollar index fell sharply during the day, narrowly guarding the 102 mark.Intraday gold currently continues to maintain a level near 1980.Judging from the daily chart, the gold price has been swept for four consecutive trading days, and the daily line alternates between yin and yang, and the overall range still maintains a sweep back and forth.
From the intraday point of view, although the daily K-line has closed the upper and lower hatched Yang lines, it has not been swallowed up by the bullish.Only the 1990 bulls on the daily line will hit the 2000 line again.Therefore, bullish below 1990 does not chase up, beware of the possibility of the main force inducing more market washing.If it breaks through 2002 strongly, it is a strong pattern. Therefore, for the time being, I am not in a hurry to fully look long. I have not yet come out of the complete long structure. At present, the 4-hour K-line is blocked and the recent high is suppressed, and the overall is still running downwards. Although the gold price rebound has a certain strength, under the premise of not breaking through 2002, I personally expect that the continuity is not strong.
Based on this trend, it returns to today's specific market trend: it is currently in a state of slightly more volatility, and gold is currently stagnant in the 1980-1985 area.In terms of support below: In the bearish form, it is safer to go long relying on strong support, that is, 1974-1975 will not break, look at the rebound.
Short-term trading reference;
1.Buy gold near the 1974-1975 position, stop loss level 1970, take profit level 1984
2.Sell gold near the 1984 position, the stop loss level is 1990, and the take profit level is near 1975
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
From the intraday point of view, although the daily K-line has closed the upper and lower hatched Yang lines, it has not been swallowed up by the bullish.Only the 1990 bulls on the daily line will hit the 2000 line again.Therefore, bullish below 1990 does not chase up, beware of the possibility of the main force inducing more market washing.If it breaks through 2002 strongly, it is a strong pattern. Therefore, for the time being, I am not in a hurry to fully look long. I have not yet come out of the complete long structure. At present, the 4-hour K-line is blocked and the recent high is suppressed, and the overall is still running downwards. Although the gold price rebound has a certain strength, under the premise of not breaking through 2002, I personally expect that the continuity is not strong.
Based on this trend, it returns to today's specific market trend: it is currently in a state of slightly more volatility, and gold is currently stagnant in the 1980-1985 area.In terms of support below: In the bearish form, it is safer to go long relying on strong support, that is, 1974-1975 will not break, look at the rebound.
Short-term trading reference;
1.Buy gold near the 1974-1975 position, stop loss level 1970, take profit level 1984
2.Sell gold near the 1984 position, the stop loss level is 1990, and the take profit level is near 1975
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Trade active:
After the gold dropped to around 1975, it slowly recovered, and the highest rebounded to around 1981. Our trading order to buy gold around 1975 has begun to make a profit