Gold will continue to fall with the trend
Updated
Through analysis on Thursday, it is emphasized that gold needs to see weak shocks under the pressure of 1940. The actual highest is at midnight on Wednesday at 1938, and the highest throughout the day is almost around 1933
Therefore, it is impossible to give an effective homeopathic trading space, and the strength of the U.S. unemployment data cannot change the temporary extremely weak state, and the lowest fell to around 1912. Therefore, this trend is very obvious, and gold is extremely weak and weak. So, in the absence of an obvious anti-strength performance, for the time being, gold will still be dominated by high altitudes.
From a technical point of view, after this week's continuous decline, the daily line has continued to fall, and gradually broke the key support point. Brin has opened his mouth, which seems to have formed a weak unilateral. It may fall to the weekly low of 1830. Therefore, under the current circumstances, it is very important not to guess the bottom of the decline, and it is very important to follow the trend. The same is true for the H4 cycle. When Bollinger opened his mouth, the decline was along the 5-day and 10-day moving averages and out of the slow-falling space. Therefore, on Friday, we should also look at the moving averages to suppress the bearish. At the top, focus on the 1918 and 1925 highs. Wait for the adjustment to be completed, suppress the transaction at these two points, and focus on the low point of 1905 and the gains and losses at the 1900 full point below. But it is worth noting that if gold rebounds effectively today and stands above 1925, there may be room for adjustment and shock in the late trading.
6.23 Gold Strategy:
Focus on 1925 from above and still go short if the pressure is not broken, stop loss 6 points, target 1910-1900
Long order is only recommended to try if it does not break 1900
If you often lose money in trading and often fail to grasp the trend, then I can help you very well, please contact me
Therefore, it is impossible to give an effective homeopathic trading space, and the strength of the U.S. unemployment data cannot change the temporary extremely weak state, and the lowest fell to around 1912. Therefore, this trend is very obvious, and gold is extremely weak and weak. So, in the absence of an obvious anti-strength performance, for the time being, gold will still be dominated by high altitudes.
From a technical point of view, after this week's continuous decline, the daily line has continued to fall, and gradually broke the key support point. Brin has opened his mouth, which seems to have formed a weak unilateral. It may fall to the weekly low of 1830. Therefore, under the current circumstances, it is very important not to guess the bottom of the decline, and it is very important to follow the trend. The same is true for the H4 cycle. When Bollinger opened his mouth, the decline was along the 5-day and 10-day moving averages and out of the slow-falling space. Therefore, on Friday, we should also look at the moving averages to suppress the bearish. At the top, focus on the 1918 and 1925 highs. Wait for the adjustment to be completed, suppress the transaction at these two points, and focus on the low point of 1905 and the gains and losses at the 1900 full point below. But it is worth noting that if gold rebounds effectively today and stands above 1925, there may be room for adjustment and shock in the late trading.
6.23 Gold Strategy:
Focus on 1925 from above and still go short if the pressure is not broken, stop loss 6 points, target 1910-1900
Long order is only recommended to try if it does not break 1900
If you often lose money in trading and often fail to grasp the trend, then I can help you very well, please contact me
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