Today's trading range is 2643~2664
Updated
Gold closed higher on the daily chart, but the price still closed below the MA10 daily average of 2660. The RS1 indicator was adjusted at the middle axis, and the daily Bollinger Bands gradually narrowed. The short-term four-hour chart fell into a shock adjustment around the 43/64 range, and the moving average closed. The hourly chart Bollinger Bands closed, and short-term trading was still the main focus during the day, with shocks and sideways trading!
Gold was still in a shock repair market yesterday, but it eventually fell under pressure. Gold was still in a bearish shock overall, and the rebound was still an opportunity to continue to be short!
The gold 1-hour moving average was still a dead cross downward short arrangement, and the gold adjustment has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660, and it is still selling at highs under pressure at 2665.
First support: 2648, second support: 2643, third support: 2631
First resistance: 2660, second resistance: 2667, third resistance: 2678
Gold was still in a shock repair market yesterday, but it eventually fell under pressure. Gold was still in a bearish shock overall, and the rebound was still an opportunity to continue to be short!
The gold 1-hour moving average was still a dead cross downward short arrangement, and the gold adjustment has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660, and it is still selling at highs under pressure at 2665.
First support: 2648, second support: 2643, third support: 2631
First resistance: 2660, second resistance: 2667, third resistance: 2678
Trade closed manually
First profit today Note
Gold is still weak overall, and the rebound is an opportunity for shorts. Gold fell below the last low of 2643 again, so the gold trend is still short, and the rebound is an opportunity to continue to short.
, the NY market still follows the selling direction.
The gold 1-hour moving average is still dead cross downward short arrangement divergence, the gold decline has not ended, the gold rebound high point is lowered successively, and the European session gold rebounded at 2657 and began to fall under pressure. We wait for 2657 to continue to sell at highs.
Don't consider BUY for the time being, wait for the selling opportunity, and don't trade today if you can't wait to enter at the high point.
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