freddeal

Zhou K bottomed out and rebounded, and the second-stage trend "s

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

This week, the main force of gold bottomed out and rebounded. The shock fell back to 1940, dropped to around 1925, touched the K track in the middle of the week, and then began to pull up; 1940-1970 range shock; the midline completed the shock downward operation on Tuesday, Wednesday, and Thursday. From around 1965, gradually go long and short, until around 1926, all short orders were out, leaving the market with a perfect profit;

On Friday, the main weekly K of the market was corrected. Although the market reversed to V, it was still in the range from 1970 to 1940! At the same time, after the reversal of V, if you want to continue to pull up the breakthrough range, you need fundamentals, and the data on Friday is insufficient! So, my idea for Friday is to go short.

The closing price on Friday is around 1957, Zhou K is the cross bottom K line, and the willingness to stop falling is strong;

Outlook for next week:

1: Weekly K level, stop falling temporarily, next week is expected to be weekly K level, shock upward stress test; Among them, the position with greater pressure is the upper and lower levels of 1990-2010; Stochastic cross dead cross, also implying that it does not support a sharp rise; Therefore, the K-line shape and indicators are contradictory! Since there are contradictory signals - then Zhou K may be a volatile trend.

2: In daily K, the stochastic indicator is in a passivated state! The central axis position is around 1965, and the upper track is around 2010; the two pressure levels are short, that is, around 1965 and around 2010. The two positions are stuck, and it is estimated to be short. It is a constant idea;

3:4 hours, the current stage is still in the interval, the interval of 1970-1940; the next is the interval of 1932-1990, and finally the interval of 1925-2000. First of all, these 4 intervals must be determined; rising or falling, every time it exceeds a position, it enters the next interval;

Combining the trends of these cycles: Next week: First, look at the continuous oscillation in the 1970-1940 interval;

Deal of the Week: We're doing great overall! Bulls, shorts, and shocks are all in the right position; avoid V reversal, empty orders below 1925, and avoid late market washing! As a retail investor, you still need to do a lot of intraday and short-term cash out! If it doesn't go well, you can leave a message below, I will be very happy to see it. GC1! GOLD1! MGC1! XAUUSD1!
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Looking forward to tomorrow's data
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