Or / Dollar Américain
Short

Gold's consolidation is over and bears will break 3200!

89
Gold market analysis:
Short-term gold has entered a repair period. The previous tariff negotiations led to a sharp drop in gold. It has now fallen to around 3200 and is stuck. The shape and indicators show that 3200 is a super support. This position is greatly beneficial for selling on the weekly and daily lines. Yesterday, the daily cross star, the overall trend is still empty, the short-term repair range is 3265-3220. If you want to grasp the trend trading, sell at a high price and arrange the selling order. Lao Gu believes that the possibility of continuing to fall after the shock is over is greater, and it will break 3200 later. The daily moving average indicator is also broken. The gold fluctuation rhythm is very large, that is, a technical rebound and repair are basically dozens of points. It is most important for us to grasp the rhythm in operation. Today's idea can rely on the upper edge pressure of the shock to sell.

If the Asian session rebounds around 3256 first, consider selling it first. There are opportunities for buying and selling in the volatile market. What we need is patience and waiting. In addition, the daily moving average begins to rush down, and selling begins to move. If it breaks 3200, we will consider selling. We must learn to follow the recent market. We rarely follow it before, because the recent gold will not turn back when it falls or rises, and the speed of buying and selling is also very fast. It is very important to control the rhythm.

Support 3220, 3207, strong support 3200, pressure 3244, 3256, 3265, the watershed of strength and weakness of the market is 3230.

Operation suggestion
Gold-----short around 3256, target 3150-3200

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.