Gold technically, the daily line has two consecutive 100-dollar long positive lines. According to the technical form, we still have to continue to look at the continuation of the bull market today, but today's Asian market opened directly and plunged, so there was no action. The rapid decline is generally poor in continuity. It was also affected by some news that the risk aversion subsided. Today, it will still tend to close with a long lower shadow K, and then tomorrow it will continue to close positive and rise. It will continue to refer to the trend before and after the Qingming Festival; the current upper resistance point is at 3455.
In the short term, after a wave of more than 70 US dollars fell in the morning, a double bottom support appeared at 3360, which also hit the previous top and bottom conversion position. Therefore, if 3360 is not broken, you can try to buy on dips and continue to impact above 3400. It did rise in the afternoon, but it cannot strengthen temporarily before breaking through and standing on the middle track again; it is currently consolidating around the 3400-3360 range, and this kind of shock that occurs after a strong unilateral rise is mostly to repair the divergence indicator or consume the MACD downward momentum. Once the task is completed, it will brew upward momentum, which is often said to be time for space; therefore, we must continue to pay attention to the break of 3360 tonight. If it breaks, the short-term trend will weaken again
In the short term, after a wave of more than 70 US dollars fell in the morning, a double bottom support appeared at 3360, which also hit the previous top and bottom conversion position. Therefore, if 3360 is not broken, you can try to buy on dips and continue to impact above 3400. It did rise in the afternoon, but it cannot strengthen temporarily before breaking through and standing on the middle track again; it is currently consolidating around the 3400-3360 range, and this kind of shock that occurs after a strong unilateral rise is mostly to repair the divergence indicator or consume the MACD downward momentum. Once the task is completed, it will brew upward momentum, which is often said to be time for space; therefore, we must continue to pay attention to the break of 3360 tonight. If it breaks, the short-term trend will weaken again
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The passage to the door of wealth
Welcome to join us and make profits together
t.me/+fkCVmo8SFiJkMDZk
Welcome to join us and make profits together
t.me/+fkCVmo8SFiJkMDZk
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.