Gold bulls are weak, continue to be short
Gold layout analysis: The highest rose to 1906 yesterday and began to short. After we made a profit, we rebounded to 1905.5 and shorted again to make a profit.
Looking at the daily line, gold has fallen below the 1890 line. According to the expected trend, it will definitely rebound and fall again to find the bottom support. But tonight there will be the release of initial data and the Fed meeting speech. The bulls may go the same way as before, directly rising without giving any room for reversal. In addition, there will be data released tonight, so the operation is still based on high altitudes, and more orders will be laid out for everyone based on the actual trend. However, according to yesterday's forecast, I believe that gold will continue to fall and continue to approach the 1870 gap below. We just need to control the entry position.
Back to the topic, the current gold bull trend has been in a very weak state. The rebound position is not strong enough, we can't give us a point to enter the market and open a short position, so we will continue to wait and see.
In today's operation, first look at the 1900-1903 line above, and reach this range to find a high point to enter the market and open short.
SELL:1900~1903,
SL:1908
TP:1890~1895
The long signal will be arranged and shared with you according to the actual trend.
Looking at the daily line, gold has fallen below the 1890 line. According to the expected trend, it will definitely rebound and fall again to find the bottom support. But tonight there will be the release of initial data and the Fed meeting speech. The bulls may go the same way as before, directly rising without giving any room for reversal. In addition, there will be data released tonight, so the operation is still based on high altitudes, and more orders will be laid out for everyone based on the actual trend. However, according to yesterday's forecast, I believe that gold will continue to fall and continue to approach the 1870 gap below. We just need to control the entry position.
Back to the topic, the current gold bull trend has been in a very weak state. The rebound position is not strong enough, we can't give us a point to enter the market and open a short position, so we will continue to wait and see.
In today's operation, first look at the 1900-1903 line above, and reach this range to find a high point to enter the market and open short.
SELL:1900~1903,
SL:1908
TP:1890~1895
The long signal will be arranged and shared with you according to the actual trend.
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The top analysis of 1903~1900 is correct, and the TP is won. The current August analysis win rate is 100%
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