The overall trend of gold in the Asian-European trading session on Monday is mainly repeated, but it is still regarded as a routine adjustment on the way up, so continue to consider looking for opportunities to go long at night. The current trend has not been adjusted yet, so continue to watch a slight fall in the evening and then buy again enter. The stable operation of gold recommends buying at 1947, stop loss at 1944, and target 1959~1968.
A cross star appears on the golden axis, which means that the bulls have temporarily stabilized and the trend will rise in the later period.
There have been three waves of adjustment form abc in the downward trend starting from 2081, here is a counterattack signal for bulls. There are two types of development structures in the later stage: the three waves are adjusted and merged into a larger wave A, that is, the wave B rebounds from 1924; The difference between the two is the height of the bull rally, which is currently in the same direction.
The daily pressure is 1960~1968~1973~1977, and the support is 1951~1946.
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