jherryPowell

Gold encounters an important watershed, watch more and move less

jherryPowell Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold was bullish last week and captured more than 500% of the return. This week's goal is to see a rebound, and it has also reached the expected 200% return. These are clearly stated in the previous article, so as long as the direction is accurate and clear, in the It is still very easy to make money in the market. In addition, it needs to be explained that you don't need to affect your mentality because of a temporary loss, or if you don't grasp a transaction well. There are many opportunities in the market, and what you look at is the final profit result.

Let’s talk about today’s situation. Gold has been fluctuating all day. Although there has been a drop in the market, it has not formed a short-term unilateral trend, which has left suspense in the market. In the evening, 2030 is still a watershed between long and short. If it stands up, the bulls will test 2040 or 2048. If they do not stand firm, the bears will continue their previous view and fall to 2018 or 2011. So now you can look at the final choice of the market to decide.

The specific coping ideas will be mentioned in the communication channel, and you can directly enter if you need it. In this way, the interaction is more timely
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