XAUUSD: Gold prices have stabilized, ready to buy
The decline of gold has now come to an end for the time being, and it will enter a short-term shock, within the 1815-45 area! Go long near the 1817 position to see a rebound. If you have not bought, you can buy directly at the current price of 1821. Pay attention to the pressure of 1833 at the top. After the breakthrough, it is bullish to the 1845 line!
Judging from the 4-hour chart, gold has always been suppressed by the Bollinger Band, and every time it touches it, it will break down again! But now that this position has not been broken for three consecutive days, and the decline has temporarily come to an end, then the next rebound in the trend will definitely touch the pressure of Bollinger's upper track!
Long, the US market is bullish at low support, and then short after encountering resistance and pressure above! The initial jobless claims data in the US market is released, and it is expected to rebound first and then fluctuate like yesterday!
Judging from the 4-hour chart, gold has always been suppressed by the Bollinger Band, and every time it touches it, it will break down again! But now that this position has not been broken for three consecutive days, and the decline has temporarily come to an end, then the next rebound in the trend will definitely touch the pressure of Bollinger's upper track!
Long, the US market is bullish at low support, and then short after encountering resistance and pressure above! The initial jobless claims data in the US market is released, and it is expected to rebound first and then fluctuate like yesterday!
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