The direction of going long or short is critical.

The outbreak of geopolitical war is an important factor in the rise, and the ceasefire is an important factor affecting the decline of gold. Obviously, this result is not something we can control, but we can make some analysis based on the current situation. The ceasefire agreement at the weekend came first, and geopolitics broke out again on Monday, triggering a series of gold price increases. Then George believes that the outbreak of geopolitics will continue. Supported by this important data. The gold price will still move up.

From the trend point of view, the long and short forces from opening to closing today are balanced, forming an inverted triangle consolidation stage. Gold is currently facing a seesaw battle between long and short positions. In the short term, gold will continue to fall below 2630 to test the support of the bottom position. The strength may not be very strong, about 2631-2627. Then rebound. This is the trend without the influence of geopolitical "truce".

Now under the influence of the dominant news. Then we must still pay attention to the progress of the market in order to get better trading opportunities to make some precise transactions.

Again, if you don't know how to trade. Don't trade alone, because as long as you cause losses independently. Then it is difficult to recover some costs.

The market is changing all the time. So are trading opportunities. Stay tuned. If you want to get real-time trading opportunities. Leave me a message. Don't just stand still and let your losses grow.

Note
The low buy order can be closed to lock in profits.
Note
Perfect.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer