The 2×1 downtrend line that fell from mid-April accommodated the shocks from August to October and became the resistance of gold's rise, causing prices to fall when they touched the trend line. When the gold bottomed out, we can see that the 2×1 rising Gann line played a supporting role in the upward trend in October, and will play a supporting role in the...
Pay attention to the short signal of the area of 1224-1234
pay attention to the support level of 1213-1215
If the support is effective, the gold will continue to be bullish.
If it break through the support, the short target will be below 1207 or even 1200.
Combined with bearish triangles and bullish bat patterns, it is found that the reversal position is 1183, and attention is paid to the position of the triangle under the triangle. If the stability is 1183, the probability of gold will rise. If it breaks below 1180, the gold will go down.