K-linesound

Gold is up 40% today

Short
K-linesound Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
6.20 Gold market trend analysis:

 
 
Gold closed yesterday in a narrow range, the daily line entity is not large, the star K line closed. In the short term into the contraction shock, yesterday due to the early closure of the holiday market, the space to further shrink, the technical structure temporarily entered the contraction of the Braindao oscillating operation. On Monday, the overall volatility of gold was smaller and went downward, recorded a bardo, on the daily line, gold is currently holding in the slow consolidation of the downward channel, the high point gradually moved down and may form a downward triangle, which suggests that there may be continued downside space on the daily trend. In the trend of the 4-hour level, the K line continues to bear the short-period moving average, showing a weak operating trend. Although there was a small rebound in the morning, it was not strong and had been repaired in technical form. Therefore, in the short-term trend, gold still shows a weak tendency.
  
The hourly line shows a clear return of the interval, and the early positive line in the daily line structure indicates that the market has a certain resistance, but the rebound height of the positive line is still limited by the suppression area. After the second correction of the market, the market still has downward expectations. The Breindau upper track coincides with the upper track resistance 1970 of the recent oscillation zone. Down the track around 1932. A few trading days before the beginning of this week, the large probability is to maintain a range of shocks, and can not see the momentum of breakthrough for the time being. There is no shock trend of breakthrough kinetic energy, and the unilateral quantity is insufficient, which will form repeated sawing and washing disks. Operation on the card point is the key. The direction is second. Short line grasp on the rail empty rail. Try to stay close to the edge of the range, and the stop loss level is relatively small, which also reduces the possibility of being washed. Today, gold has a further pullback risk, short-term above the focus on ma5 pressure is near 1953, the price is expected to rely on 1953 resistance to test 1938 and lower support. The lower support area is concerned between 1940-1930, in summary, today's gold short-term operation ideas suggest that the rebound is mainly short, the callback is supplemented by more, the above short-term focus on 1958-1960 resistance, the below short-term focus on 1940-1938 support, friends must keep up with the rhythm. To control the position and stop loss problem, strictly set the stop loss, do not resist single operation. The recent market turbulence is large, opportunities and risks coexist, and risks are controlled

Strategy one: Gold rebound around 1952-1955 batch short, stop loss 1961, target near 1940-1935, break to see 1930 line

Strategy two: Gold callback near 1930-1932 batch long, stop loss 1924, target near 1940-1945, break to see 1950 line (recommended for reference only, the actual operation according to the real-time operation of the disk)
Trade active:
6.20 Gold continues to range profit
Trade active:
I have clearly told everyone that gold will continue to fall! If you're not making any money then you're really not for the deal
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