UnknownUnicorn55352658

XAUUSD:Analysis and manipulation

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

In terms of gold, yesterday's gold oscillated around the 1983-69 period. Due to the rise of the great sun last Friday, the short-term performance was strong, so yesterday's early trading ideas were clear. There will be a wave of bottoming out in 1969, but the overall trend has fallen below the two key supports of 2000 and 1970. The pattern has been constructed to form a top pattern, and the daily line is also adjusted with yin and yang. The pattern reversal is not a reversal, and the trend is still bearish, so yesterday's early trading also gave the idea of emptying around 1984.Yesterday's continuous volatility did not break the high, and the pattern is continuous pressure.



In the short-term pattern, it closed around the support of 1969 in the early morning, and fell below the short-term line in the early morning and weakened directly. Then the opening of 1972 in the morning was the key watershed during the day, and the thinking is still high today.Due to the decline in volatility yesterday, it is unlikely that a short-term direct decline will be possible, so today we are still paying attention to the decline in volatility.In the short term, pay attention to the area of the 1957-58 hour line and the candle line, and the shock trend can be touched a lot. First, pay attention to a wave of back-pumping and touch the vicinity of 1969 before emptying. Since there has been a small yin decline yesterday, then the subsequent shock must not break through 1984 again, otherwise it is easy to form a second rise, rise again and break the high, there is a high probability of going back to test the 1993-2000 suppression.

Operation recommendations:
Gold:buy@1953-1957 tp1 1969 tp2 1979
Trade active:
1956
Trade active:
Buy again
Trade active:
Short-term profit.Can leave the field
Trade active:
1968
Trade active:
1973
Trade active:
Good luck to everyone
Trade active:
Sideways shock
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