Gold, whether the European session can be continuous is the key.
Updated
In Monday, Tuesday morning analysis mentioned two concepts:
1, the price range, the last time from 1960 to 1805, down $ 155, the range adjustment to meet the safety margin, it means to be greater than $ 155 correction down, so, calculated from 2080, at least below 1925.
2, time correction, if the correction price does not reach the range, then the time can also be a reference, for example, from 1960 down to 1805, in the middle of 26 day difference, and if calculated from 2080, May 4, according to the 26 day difference, roughly on Tuesday Wednesday or so.
And yesterday, just went 26 daily difference, is also the time point of the low point, for the low point, the price on a slight difference of $6, the lowest 1931 calculation, went 150 dollars, which is the key to lead to the middle line did not intervene.
But do not rush, down in a big positive rise, must be a sign of stopping the fall, the market is not a rise, and to a great extent will also take the second step back.
Then before today, look at yesterday's technical points:
1, the morning retracement of the continuation of the broken bottom, the first wave of empty profit without suspense, and the key is the second empty behind.
For the morning break bottom, the afternoon rebound market, be sure to pay attention to the watershed is the morning open down mouth, if this position is broken, then the meaning of short is no longer.
2, the European market broke the high morning high, the formation of a bottoming out, must not be empty, if empty, then it must be with the retreat out.
3, before the U.S. market if still rising, this pattern, either in the U.S. market first rush back down, or in the U.S. market retracement of the second more, and the European rise in the continuation of the point and intraday rise 382 position in 1950-51 a line, if you look at the continuation, which is to do more than one point, and above the double top resistance 1965 a line, and the rush to see the retracement, is this point.
For the current trend, the daily big positive rise, can change the weakness, depending on whether the daily continuation.
In terms of the magnitude and timing of the retracement, the continuation is still relatively large.
But from the point of view of weakness to strength, a day of positive is also very common.
And the morning bottoming correction, 4 small positive three negative, if from the point of view of the rise, which requires attention to the European timing.
On the one hand, looking at the rise, there can be no possibility of another bottom break.
On the other hand, look at the rise, yesterday was the European power, today also need to pay attention to this point.
At the same time, 4 hours three negative, look at the rise, is the biggest correction.
If you combine these three points, do more than 1956-57 a line position, focus on the European rise.
Note that the European market is the key, if the European market does not break the high, in a horizontal posture, then the U.S. market is bound to come out more, this European market does not break the high suppression, the U.S. market is easy to take the second retracement.
1, the price range, the last time from 1960 to 1805, down $ 155, the range adjustment to meet the safety margin, it means to be greater than $ 155 correction down, so, calculated from 2080, at least below 1925.
2, time correction, if the correction price does not reach the range, then the time can also be a reference, for example, from 1960 down to 1805, in the middle of 26 day difference, and if calculated from 2080, May 4, according to the 26 day difference, roughly on Tuesday Wednesday or so.
And yesterday, just went 26 daily difference, is also the time point of the low point, for the low point, the price on a slight difference of $6, the lowest 1931 calculation, went 150 dollars, which is the key to lead to the middle line did not intervene.
But do not rush, down in a big positive rise, must be a sign of stopping the fall, the market is not a rise, and to a great extent will also take the second step back.
Then before today, look at yesterday's technical points:
1, the morning retracement of the continuation of the broken bottom, the first wave of empty profit without suspense, and the key is the second empty behind.
For the morning break bottom, the afternoon rebound market, be sure to pay attention to the watershed is the morning open down mouth, if this position is broken, then the meaning of short is no longer.
2, the European market broke the high morning high, the formation of a bottoming out, must not be empty, if empty, then it must be with the retreat out.
3, before the U.S. market if still rising, this pattern, either in the U.S. market first rush back down, or in the U.S. market retracement of the second more, and the European rise in the continuation of the point and intraday rise 382 position in 1950-51 a line, if you look at the continuation, which is to do more than one point, and above the double top resistance 1965 a line, and the rush to see the retracement, is this point.
For the current trend, the daily big positive rise, can change the weakness, depending on whether the daily continuation.
In terms of the magnitude and timing of the retracement, the continuation is still relatively large.
But from the point of view of weakness to strength, a day of positive is also very common.
And the morning bottoming correction, 4 small positive three negative, if from the point of view of the rise, which requires attention to the European timing.
On the one hand, looking at the rise, there can be no possibility of another bottom break.
On the other hand, look at the rise, yesterday was the European power, today also need to pay attention to this point.
At the same time, 4 hours three negative, look at the rise, is the biggest correction.
If you combine these three points, do more than 1956-57 a line position, focus on the European rise.
Note that the European market is the key, if the European market does not break the high, in a horizontal posture, then the U.S. market is bound to come out more, this European market does not break the high suppression, the U.S. market is easy to take the second retracement.
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