Domineeringdeal

Gold wash does not change upward trend

Long
Domineeringdeal Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar

Gold fluctuated in a wide range on Tuesday, and bulls and shorts will see-saw here. At present, it is easier for bulls to win. Besides, the overall upward trend has not been disrupted, so there is a high probability that there will still be new highs today, but there will be washouts on the way up, so pay attention Chances of falling back much lower. For gold operation, it is recommended to buy in the 1957~1955 area, with a stop loss of 4 US dollars, and the target is 1966~1973~1983.

The golden daily line closed with a cross, which can be regarded as a manifestation of rising relay.

The intraday pressure was 1973~1983, and the support was 1957~1952.

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