Will gold challenge the 2070 position again?
Due to the impact of recent U.S. economic data and expectations that the Fed's interest rate hike cycle is about to end, which in turn puts pressure on the U.S. dollar, gold is supported by it.
Judging from the current structural trend, gold still maintains a good long pattern.In the short term, the top temporarily stopped near the high of 2050. From the structural trend point of view, the support position of the secondary outbreak rising point is near 2030, and obviously the 2032 position is the top position of the wave-shaped structure in the early stage, and now there is a clear top-to-bottom signal, so the current short-term support focuses on the 2032 first line.
At present, in the absolutely strong unilateral market, the adjustment may be rapid, but it has not fallen below 2032, and it is still maintaining a short-term bullish pattern.For the current market, it is not easy to say the top for the time being. I think gold will still try to challenge the 2070 position again.As for short-term operations, after the situation is adjusted, you can rely on the support below to go long.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Judging from the current structural trend, gold still maintains a good long pattern.In the short term, the top temporarily stopped near the high of 2050. From the structural trend point of view, the support position of the secondary outbreak rising point is near 2030, and obviously the 2032 position is the top position of the wave-shaped structure in the early stage, and now there is a clear top-to-bottom signal, so the current short-term support focuses on the 2032 first line.
I will share specific transactions and operations in real time on my channel based on intraday details.In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Trade active:
The highest position of gold bought near 2032 has reached the first line of 2042.3, and it has reached the take profit position of 2042.
Trade active:
Our second trade order to buy gold in 2032 continues to hold
