DolphinDeal

Gold continued to fall below the bottom, bottoming out to see 19

Long
DolphinDeal Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
In gold, it continued to fall, and the price broke the bottom again and closed at the lowest point. This means that as long as the European market cannot go out extremely weak, there is no chance to break the bottom again today.

The position considered above continued to fall yesterday night at the 1953-54 line. And this point coincides with the 618 level where yesterday's decline was.

Thus, evening buy@1945-44, tp1 1951-52. tp21957-60 Because the price rebounded to this point, the probability of breaking the bottom is not large, and the component of the shock closing recovery is high.

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