Gold has experienced another wave of roller coaster market. The daily line closes the big yang line, and the daily line has a combination of one yin and one yang. Overall, it is still a shock. The daily line has a combination of yin and yang many times. The general direction is not very clear. The shocks are still continuing, but the general trend of the week is still biased towards the short side. Today is the closing day of the week. The position of the weekly close is very important. If the closing of Xiaoyang may stabilize in the later stage, the weekly shock range is 1980 -1940, focus on the breakthrough of this position in the later stage, today’s thinking is more volatile, and the estimated range of shocks in the day is 1954-1983, the shock market can be long or short, just control the opportunity
1954 is the previous form of pressure. Yesterday, because of the US data, the bulls took the opportunity to rebound and directly broke through this strong pressure. However, 1970 has not yet effectively broken through. We will first pay attention to the gains and losses of this position in the European market. If we first fall back and rely on 1954, we will see more , if the white market directly breaks through 1970, you can chase more, and the bulls will test 1983. This position is also a position where bears must be short.
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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.