Today's gold trading advice
Updated
To continue the downward trend of gold last week, the band can be seen at 2000 and 1970, of which 1970 is the key point of the shock.After the bearish view, many people asked if they are bearish on gold now. Here we need to emphasize again. Although from 2050 to 2000, this wave of decline was predicted and caught, but it does not mean that we have already started to bearish on gold. 1970 is the key point of strong and weak shocks. After falling below 1970, gold will change from the previous strong shock to a weak shock. 1935 is the key point of the long-short trend. After falling below 1935, gold can determine the long-empty trend. Therefore, before that, it is necessary to be objective. Judgment, calm analysis, you must know the direction of the transaction, and know the short and medium distances spatially.After making this clear, everyone should understand what to do and what to do now.
For the weekly situation, the daily cycle has not yet finished, and the bottom will go to at least 1970. As for whether it can break the level, it is left to the market to judge. There is still 2000 in the middle price. Therefore, under 2020, there is room for a decline of 20 or 50 in the medium term. Trading during the week should still be based on the high altitude until the current decline space is completed.Intraday trading still has to be placed near 2020. Whether it is the Asian and European markets or the US markets, the low of 2000 and 1982 can be seen below. If you go out of the sharp decline on Tuesday, you can directly look at the key points of 1970.
Today's gold trading advice
gold:sell@2021 tp:2010-2000
gold:buy@2010-2012 tp2018-2020
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