Gold has further to fall, and the smartest bet is to sell
Gold, yesterday again continued to fall, and once again the formation of three Yin, and the price to the 60 average position, at the same time, the key point, fell below the previous strong support near 1971, if in accordance with the Yin and break the bottom, the rhythm of adjustment appeared.
Yesterday we still put the focus on the strong correction inside, so the 1971 line as a key support level, similar to the 2000 line of the back draw, see a double bottom support, but the fall of the back draw weak, formed a weak pattern.
In the original strong, we need to pay attention to the key support level in the early stage. The break of this position is a sign of weakness. In terms of the amplitude, it fell to 1953, down 127 dollars, which is a reasonable adjustment.
And to break the bottom, and the cycle of three Yin down, which is somewhat weak.
At the same time, today or Friday, the recent two months of the market, the basic is down every five. That today can escape the fate of the cycle of decline
On the one hand, these two days of performance, are down in Europe.
On the other hand, the market is continuous, not the previous trend, before the day is down, it is easy to bottom out, now is continuous. From the overall point of view, relying on the layout of the European plate, or can be used.
In yesterday's technical point, we can only say that the trend is not defined correctly.
On the one hand, 1971 is seen as a key support, where the market will rebound to close positive, leaving room for losses on Friday.
At the same time, after the European market fell, the United States market in accordance with the shape, the hour line even Yin, and punctured the early low, at the same time at 6-8 points rebound, then the United States should be twice empty, but too close to the early low, worried about bottoming out, so in the vertical decline, is a misjudgment trend.
1, hour line big Yin line top, is currently touched.
2. Reverse pumping high in the early morning, none.
3, down 382 positions yesterday. 1965 line.
4, very weak, European time point directly empty, now the market in accordance with the morning rebound, not very weak, give up.
Therefore, a more reasonable position, 1965-66 is today's open position, the limit of 1968-9,618 position, at the same time, depending on the European trade retreat, the strength of the decline and rebound, determine the strength of the trend.
Therefore, for the time being, regardless of whether the daily line can recirculate the Yin cycle to follow the time cycle, first in accordance with the weak, within the day to 1965-66 short, 68-69 added position, the target 1954-6. If the bottom of the European plate, weak American plate limit to follow empty. If the European trade back to break 1970, shock, the United States on the open position, relying on yesterday's American open and low, do the range of high selling low suction.
Yesterday we still put the focus on the strong correction inside, so the 1971 line as a key support level, similar to the 2000 line of the back draw, see a double bottom support, but the fall of the back draw weak, formed a weak pattern.
In the original strong, we need to pay attention to the key support level in the early stage. The break of this position is a sign of weakness. In terms of the amplitude, it fell to 1953, down 127 dollars, which is a reasonable adjustment.
And to break the bottom, and the cycle of three Yin down, which is somewhat weak.
At the same time, today or Friday, the recent two months of the market, the basic is down every five. That today can escape the fate of the cycle of decline
On the one hand, these two days of performance, are down in Europe.
On the other hand, the market is continuous, not the previous trend, before the day is down, it is easy to bottom out, now is continuous. From the overall point of view, relying on the layout of the European plate, or can be used.
In yesterday's technical point, we can only say that the trend is not defined correctly.
On the one hand, 1971 is seen as a key support, where the market will rebound to close positive, leaving room for losses on Friday.
At the same time, after the European market fell, the United States market in accordance with the shape, the hour line even Yin, and punctured the early low, at the same time at 6-8 points rebound, then the United States should be twice empty, but too close to the early low, worried about bottoming out, so in the vertical decline, is a misjudgment trend.
1, hour line big Yin line top, is currently touched.
2. Reverse pumping high in the early morning, none.
3, down 382 positions yesterday. 1965 line.
4, very weak, European time point directly empty, now the market in accordance with the morning rebound, not very weak, give up.
Therefore, a more reasonable position, 1965-66 is today's open position, the limit of 1968-9,618 position, at the same time, depending on the European trade retreat, the strength of the decline and rebound, determine the strength of the trend.
Therefore, for the time being, regardless of whether the daily line can recirculate the Yin cycle to follow the time cycle, first in accordance with the weak, within the day to 1965-66 short, 68-69 added position, the target 1954-6. If the bottom of the European plate, weak American plate limit to follow empty. If the European trade back to break 1970, shock, the United States on the open position, relying on yesterday's American open and low, do the range of high selling low suction.