Analysis of gold trend on August 16
If you only make orders based on data and don’t understand the market logic behind it, your transactions will always be slower than before.
From the 4-hour chart, gold has also reached the middle Bollinger Band and the downward trend is more obvious. Referring to international information, the support power of gold in the later period is obviously insufficient. The US dollar seems to be rising strongly. Gold is currently in high volatility.
Personal Operation Analysis
2440 Buy 2455 Take Profit Stop Loss 2435
2463 Short selling 2450 Take profit Stop loss 2470
From the 4-hour chart, gold has also reached the middle Bollinger Band and the downward trend is more obvious. Referring to international information, the support power of gold in the later period is obviously insufficient. The US dollar seems to be rising strongly. Gold is currently in high volatility.
Personal Operation Analysis
2440 Buy 2455 Take Profit Stop Loss 2435
2463 Short selling 2450 Take profit Stop loss 2470
Note
The current information is for reference only. I will send specific instructions on my channel.
You can express your own ideas
Note
The recent market roller coaster situation, beware of large investors selling at high points and retail investors buying orders
Traders please be cautious. If you have any questions, please like and comment
Note
The recent market roller coaster situation, beware of large investors selling at high points and retail investors buying orders
Traders please be cautious. If you have any questions, please like and comment
Note
Gold hits new all-time high as Russia-Ukraine conflict looms
Note
This is consistent with my previous point of view. Gold is bound to reach a new historical high. It's just that this day seems to come a little unexpectedly.Note
It is already a historical high, beware of selling by large investors
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