Last Friday, gold hit the bottom again, with a big negative line all the way to around 3270. Of course, this position is also an obvious double bottom pattern, and it is also an obvious temperature. At present, the bullish form is still there, and the support level is still strong.
The gold four-hour line continues to maintain the bottom signal. The two big positive lines at the bottom support it, and it is also an obvious double bottom rhythm. The two big positive lines start to exert force directly from below the moving average, directly breaking through the rhythm of the sky, and the positive line crushes the moving average, stepping on the moving average to pull up. This is an obvious bullish strength. The K line just falls back, and it is definitely not a U-turn. Therefore, continue to go long in the 3270 area
The gold four-hour line continues to maintain the bottom signal. The two big positive lines at the bottom support it, and it is also an obvious double bottom rhythm. The two big positive lines start to exert force directly from below the moving average, directly breaking through the rhythm of the sky, and the positive line crushes the moving average, stepping on the moving average to pull up. This is an obvious bullish strength. The K line just falls back, and it is definitely not a U-turn. Therefore, continue to go long in the 3270 area
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.