10.1 Analysis of gold short-term technical operations
1. The daily line has adjusted for two days and just stepped back on the 10-day moving average. According to the bulls, this is a typical correction. The biggest step back in the strong trend is 10 days. Whether it can go up today is very critical.
2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase.
3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom.
It cannot continue the retracement. 2623 is the retracement of the rise to 382, which is very critical. It breaks the bottom and affects the bulls.
In addition, the daily line is weak, so the rise is affected.
And today, it is above the turning point of long and short.
The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase.
3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom.
It cannot continue the retracement. 2623 is the retracement of the rise to 382, which is very critical. It breaks the bottom and affects the bulls.
In addition, the daily line is weak, so the rise is affected.
And today, it is above the turning point of long and short.
The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
Note
t.me/yaretergr A small boat is drifting in the sea. If you don't set sail, you will drift in the sea forever. Only the current price can truly protect you. If you want to turn losses into profits or expand your assets, please join me. I will guide you on the correct trading strategy.Note
The trend of gold is exactly in line with our prediction
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.