XAUUSD:Trading straregy
Updated
Through the analysis of the golden hour chart, we know that the market rebound was unable to rise and fall, and once reached the 1951 line to stop falling and rebound. At present, it is still in the process of rebounding slightly. From the perspective of the overall trend, it was affected by the data in the evening and fell below the support level of the 1969 line.
However, we can see from the attached picture above that the main force of the bulls showed a Jedi counterattack signal for the first time and the rebound was weak. The overall performance failed. The Jedi counterattack signal appeared again last night, indicating that the bulls have a strong willingness to rebound. It has become a pressure. In the short term, we will continue to operate at high altitudes and low multiples. The specific suggestions are as follows:
Gold:sell@1965-1970 tp1 1955 tp2 1945
buy@1945-1950 tp1 1960 tp2 1965
The timing of entry will be notified later, please stay tuned!
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