UnknownUnicorn55305536

Today's gold trading advice

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Since gold began to fall in 2050, it has fallen for three consecutive days at a high level. What is particularly needed is that there will be a big drop in the future market. If it is formed, this will be the basis for gold to see a big drop in the future market. This technical point has been repeatedly emphasized in the past two days. On Tuesday, after the US market fell below 2000, gold was released again, the lowest was in 1985, and the daily line just closed down. Therefore, the top pattern of the daily line is basically formed. Excluding the influence of market news, the future market will definitely be bearish.

On the same day, it should be noted that the decline still needs to be waited patiently. Above 1970, there is still a strong shock from the bulls. Only when it falls below 1935 can the long-idling trend be determined and the bears are allowed to perform.It fell below 2000 on Tuesday, and the lowest to 1985 is also in the forecast. Originally, the first goal was to look at 1982, and the second goal was to look at 1970. Then, at the midnight low of 1985, the short-term rebound, intraday trading is obviously waiting for the rebound to end and continue to be short, short-selling has just begun, and then the short-term market, the resistance point is 1993-1998, therefore, intraday trading can be placed at this point to go short, continue to look at 1982, 1970 low, as for whether 1970 breaks the level, we You only need to finish reading the space, pay attention to market development, and then determine future market changes.It is expected that it will not continue to fall this week. After the wave of declines on Wednesday, gold will have room to rebound. Please pay attention to keep up with the pace.

Gold trading advice today

gold:sell@1995-1998 tp:1990-1982

Short-term trading advice

gold:buy@1982-1985 tp:1988-1995

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What you can try to do in the short term
1982-1985
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Short-term attention
1988-1990
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Short-term attention
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