jherryPowell

Look at the rebound, but don't chase the rise

Long
jherryPowell Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold directly rose in early trading, and the current rebound is already in place, and it is under pressure to fall back in 2020, so the thinking changed in the evening and shorted on dips in the evening.The gold operation is recommended to sell in 2016, risk control in 2020, and target 2007-2001.



Gold's rebound is based on the following reasons:

1. The golden daily line closed positive, and the rebound appeared as scheduled, and it continues to look high at the first line.

2. According to the update of the Turing wave trading System, 1980 needs to be focused on. If it falls below in the later stage, 5 waves and 5 will end early. If it rises, you need to pay attention to 2013 or 2020. If the above two points encounter resistance, the bulls may end.

3. The intraday pressure is from 2016 to 2020, and the support is from 2007 to 2001.


For specific transaction ideas, you can wait for the data to come out steadily. If you want to ambush in advance, you can invest a small amount of money.
Comment:
Beautiful point of view verification, buy up and make a big profit
Comment:
Gold rose sharply, perfect
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