Gold 25-24 to do more, retrace and continue to do more

What matters is not effort, but direction. The pressure is not that someone works harder than you, but that people who are several times stronger than us still work harder than us. Even if you can't see the future, even if you can't see the hope, you still believe that you can't make mistakes, you can't make mistakes with the person you choose, and you can't make mistakes in the life you choose. What wakes us up the next day is not an alarm clock, in fact, it is a dream!
Gold, broke through the U.S. market in the day, and currently the highest hit around 34. On the other hand, the white market fluctuated slightly, but it still couldn’t get rid of the fate of being washed. The early retracement of the U.S. market was also unexpected. Fortunately, we see After all, the idea of buying more will remain unchanged. After reaching around 14, it will rise rapidly. In the short term, we still need to continue to do more in the market. Now that we have broken through the 20 line, the pressure on the top will also remain at the previous high point near the 50 line. However, the probability of touching this position is not high. Once it continues to touch this position, it is very likely to form a breakthrough again. As for this wave of reversal, I personally think that the high point should be maintained at around 45. If this position is touched again later If it is nearby, it is still an ideal point for us to continue shorting in the later period. No matter what the trend in the later period is, we still need to continue to try to short and wait for this position. At present, gold continues to maintain above 30. It is too early to continue shorting at this position, so be patient Wait for the retracement to continue to do more around 25-24, the target is around 35-45, and the loss is 19. At the same time, the short-term moving average support effect of the daily line is obvious, and we will continue to see more in the short term.

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It is expected to rise slowly after the start, and then start to fall, everyone is waiting for the opportunity,

Trade active:

The IGCS indicator shows that about 71% of retail traders are net long gold. Since gold bulls are in the majority, this suggests gold prices may fall. However, the downside exposure has increased by 16.35% and 45.24% compared to yesterday and last week respectively, implying that the current price trend could continue higher