Dylan-Jones

Gold: The current price of falling points is more!

Long
Dylan-Jones Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold once again broke new lows, but the decline shows signs of exhaustion, which means that this decline has come to an end for the time being, and the market will start a wave of rebound. The current price of 1911 in early trading is directly higher, and the rebound will rise first!
From the perspective of the trend of gold, the daily line has fallen to the previous low, which is also close to the support position of the 200-day moving average, and the weekly line has fallen back to the lower track of Bollinger! The greater the support position of the large cycle, the greater the possibility of an inflection point!
On the hourly chart, although gold fell again yesterday, the macd deviated and the decline failed. Today's market has a rebound demand, and the pressure above is 1925! Look at the rebound first, and then decide whether to short according to the trend after touching the pressure!
Gold is more than 1914, stop loss is 1907, and stop profit is 1925.
Comment:
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Comment:
buy long at 1911
Comment:
buy long at 1906
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