HongKongGoldTrader

Gold daily analysis

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
For me im finding out that gold forming a triple bottom
During the graphics process, the volume will decrease until the price rises again to the third low, and the volume begins to increase, forming a confirmation triple bottom signal. The triple bottom is a technical analysis model that predicts a reversal of the long-term downward trend. When the third trough occurs at almost the same price level, it can be determined as a triple bottom. When the third rebound is in the support position, it reflects that the buying interest is greater than the interest of the shipment. The trend of the market rebound is roughly fixed.
Comment:
if gold daily close above 1285 ,it may rise
Comment:
gold close for the 1285 above for two days , ready for the trade
1298 now
Comment:
Good profits taking
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