Gold does not fluctuate much. If you draw back 2665, you will be
Updated
https://www.tradingview.com/x/epTlp2zp/
Today, gold experienced a second counter-dip yesterday, and yesterday's US market trading also reminded that the US market rebounded in the early stage and reversed short at the high point. Of course, the position we give members is the 2663-65 line. Yesterday, the highest point was 2664, and it retreated, and tested the previous low point 2648 again, and the daily line closed with a long upper shadow line.
In the daily rhythm, we can see that yesterday's high point 2665 is the top position of the trend line, which means that after the top resistance level of the three-point line is blocked, it is easy to form a second turning point of the trend downward, which means that today we still have to look at the retracement. In addition, the US market fell and pulled back twice in the early morning, and rebounded upward in the morning, which also gave today's second shorting opportunity. So the resistance level is still at 2665! In addition, if it falls below the key low point of 2643 today, the US market needs to continue to short in the second rebound, and look at the previous low of 2630!
Gold point: 2665 short, defense 1675, target 2643-35!
Today, gold experienced a second counter-dip yesterday, and yesterday's US market trading also reminded that the US market rebounded in the early stage and reversed short at the high point. Of course, the position we give members is the 2663-65 line. Yesterday, the highest point was 2664, and it retreated, and tested the previous low point 2648 again, and the daily line closed with a long upper shadow line.
In the daily rhythm, we can see that yesterday's high point 2665 is the top position of the trend line, which means that after the top resistance level of the three-point line is blocked, it is easy to form a second turning point of the trend downward, which means that today we still have to look at the retracement. In addition, the US market fell and pulled back twice in the early morning, and rebounded upward in the morning, which also gave today's second shorting opportunity. So the resistance level is still at 2665! In addition, if it falls below the key low point of 2643 today, the US market needs to continue to short in the second rebound, and look at the previous low of 2630!
Gold point: 2665 short, defense 1675, target 2643-35!
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