Gold closes higher and may fall back to peak
The gold hourly line has obviously reached the top. The K line rushed to around 2685, and then the big Yin line directly covered it and crushed it directly. It once fell by 30 US dollars. The top was obviously bearish engulfing. The moving average was directly bent and turned downward. Of course, the gold price deviated far from the moving average, and it was bound to return to the 50-day moving average. Detailed operations during the day: SELL: 2650------2645
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Bollinger Bands three lines close
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Today's focus: US August core PCE price index annual rateNote
72-75 is a good entry pointNote
Yesterday, the gold market opened at 2656.7 in the morning, then fell back to 2655 and then fluctuated upward. The daily line reached a record high of 2685.8, and then the market rushed up and saw profit-taking. The daily line quickly fell back to the daily low of 2654.4, and then the market rose again. The daily line finally closed at 2672.3, and then the market closed with a long upper shadow line. In terms of points, the long positions of 1996 and 2028 below were followed by stop loss at 2400. After reducing the long positions at 2601 last Friday, the stop loss was followed at 2610.
2675 stop loss
Target 2650
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Speak with strength, target 2650, perfect prediction, double position increase
Total profit 32000U
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All the predictions for this week have come true, have a great weekend guys.
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