The most comprehensive analysis of gold.
Gold started to retreat after reaching a high of 2326 yesterday, and did not extend the retreat on Friday night, thus forming a volatile downward trend. From the monthly level: the monthly line has given a long upper shadow line of 100+ US dollars last month. This K-line shape is effective for short sellers. The monthly K line can continue to be short on gold; the weekly level is currently In the form of two consecutive negatives, Zhou K has swallowed up the two consecutive positive patterns at the top, but the lower part of weekly K is also supported. The upper part is the double top retracement of 2434 and 2418, and the lower part is supported by the double bottom of 2290 and 2280. Weekly K comparison Neutral, rebound and decline are all in line with technical aspects. The daily line is in a relatively obvious downward trend, with 2434 as the high point and 2418 as the second high point. Since the retracement, the strength of Yin K is obviously greater than that of Yang K, and the number of Yin K is more than that of Yang K. There are also moves to make new lows, so we continue to be bearish. .
It is currently in a retracement form in the long trend of the large structure, and the retracement space has not yet been exhausted. The long-term large structure is still bullish, and the mid-term is bearish. After the short positions are exhausted, you can still go long along the large structure. If the monthly and weekly levels fall below the 2220-2230 area to form a complete engulfment pattern, gold can be fully shorted. This will be analyzed separately in the market outlook; the short-term hourly and four-hour lines are in a concussive downward trend, and are structurally in a downward trend. During the retracement of 2434 and 2418, the short-term trend lines of 2352, 2346 and 2328 are also suppressed, and the short-term structure looks volatile and downward.
Operation idea: bearish under the suppression of the trend line, gold cannot stand firm and runs bearish at 2330. The upper rebound touches the 2322-2323 area for shorting. The stop loss is placed at 2330, and the lower level looks at 2290-2293. If there is a breakthrough at the bottom, it is expected to use the data to break out of a unilateral decline today, and the bottom will be cautious. If there is a move below to break through 2290 and rebound in the 2295-2298 area, go short, or even chase the short directly! If it breaks down strongly, it is recommended to go long in the 2265-2268 area below.
It is currently in a retracement form in the long trend of the large structure, and the retracement space has not yet been exhausted. The long-term large structure is still bullish, and the mid-term is bearish. After the short positions are exhausted, you can still go long along the large structure. If the monthly and weekly levels fall below the 2220-2230 area to form a complete engulfment pattern, gold can be fully shorted. This will be analyzed separately in the market outlook; the short-term hourly and four-hour lines are in a concussive downward trend, and are structurally in a downward trend. During the retracement of 2434 and 2418, the short-term trend lines of 2352, 2346 and 2328 are also suppressed, and the short-term structure looks volatile and downward.
Operation idea: bearish under the suppression of the trend line, gold cannot stand firm and runs bearish at 2330. The upper rebound touches the 2322-2323 area for shorting. The stop loss is placed at 2330, and the lower level looks at 2290-2293. If there is a breakthrough at the bottom, it is expected to use the data to break out of a unilateral decline today, and the bottom will be cautious. If there is a move below to break through 2290 and rebound in the 2295-2298 area, go short, or even chase the short directly! If it breaks down strongly, it is recommended to go long in the 2265-2268 area below.
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Gold rebounded to the area near 2345 and continued to short, with the target of 2330-2335.
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Last week our profit reached 150%, and this week we plan to exceed 200%. If you want to double your profit, you can contact me.
Trade active:
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Trade active:
Brother, contacting me is your best choice. It has been proven that I have helped many people recover their losses and make money. If you are losing money, please contact me as soon as possible.