Gold falls back on support and continues to be bullish
Market analysis:
There is still no sign of a sharp decline in gold. High fluctuations will be the main trend. Currently, the price of gold is still running within the previous rising trend line. Although it regrettably fell yesterday, even so, yesterday was still in a state of shock overall! As long as the current trend remains unchanged, I am willing to buy again today! Let’s look at the rebound within the day!
From a technical point of view, the price of gold is still in an adjustment trend. Even though the daily line closed yesterday, the high point of the daily line has exceeded the high point of the previous day. While it was turbulent, the market began to turn bullish! At this moment, we are waiting for the gold price to reverse and rise. This not only requires a forward-looking vision, but more importantly, we must have the confidence to make our own judgment!
A failed trader is doing the current price most of the time, while a successful trader is always doing the phenomenon! If you want to prepare for a rainy day, avoid danger and understand the root cause! During the day, focus on the bottom support of 2057 for long positions, and the pressure on the moving average near 2067 on the top!
Trading signals:
Gold 2057 buy, stop loss 2052, target 2075
There is still no sign of a sharp decline in gold. High fluctuations will be the main trend. Currently, the price of gold is still running within the previous rising trend line. Although it regrettably fell yesterday, even so, yesterday was still in a state of shock overall! As long as the current trend remains unchanged, I am willing to buy again today! Let’s look at the rebound within the day!
From a technical point of view, the price of gold is still in an adjustment trend. Even though the daily line closed yesterday, the high point of the daily line has exceeded the high point of the previous day. While it was turbulent, the market began to turn bullish! At this moment, we are waiting for the gold price to reverse and rise. This not only requires a forward-looking vision, but more importantly, we must have the confidence to make our own judgment!
A failed trader is doing the current price most of the time, while a successful trader is always doing the phenomenon! If you want to prepare for a rainy day, avoid danger and understand the root cause! During the day, focus on the bottom support of 2057 for long positions, and the pressure on the moving average near 2067 on the top!
Trading signals:
Gold 2057 buy, stop loss 2052, target 2075