Gold: back to confirm the need for continued bullishness
Gold, yesterday again the high fall, rise and fall are not going to continue, the daily closing cross small negative, originally looking forward to the daily give a direction, now that, or shock situation.
But this cross, I still want to insist on the long view unchanged, to prevent the sudden rise of gold.
Down is not terrible, now the trend, or the trend of the year, the general trend has not been in the weak inside, a simple proof:
Weak down fast, strong does not necessarily rise fast, you look at the products of the bear market, if weak, how many days down, this year's gold is so? But if strong, not necessarily accelerating up, the slow pace of the early rise may drag on for a long time.
Some people will ask the dollar is strong, gold will continue to be strong? When it's strong, nothing is a reason, when it's not, everything is a reason, it's as simple as that.
As for yesterday, there were also daily misses, one being the intra-day low slightly worse than the other.
Another technical point: the European hourly line rose in a row, and broke through the morning renewal of the mouth, while in the U.S. market a small correction, according to the hourly line large positive or 382 position, 1960 is a buy position.
But the U.S. market is not a continuation of the upward trend, but rather a suppression of the fall, the hourly line plunge, which means that relying on the European rise, the U.S. market before the correction, the U.S. market secondary more, failed.
And the price in the U.S. market broke the morning starting point, formally speaking, weakened, but the results of continuity did not, the early morning rebound closing, the daily once again back inside the cross K.
And this pattern, the morning correction correction, the watershed 1950, according to the rhythm of the present, 4 hours three yang, and so retreat to do more, it must be a shock, either directly layout, and yesterday, the same, first look at the European disk can explode up.
Therefore, the operation, due to yesterday's market discontinuity, relying on the intra-day trend layout of the U.S. market, still afraid of shock wash.
So catch the first wave of the trend.
Behind the cross K is still bullish, focusing on the European market.
Currently holding a buy order of 1959 in hand. Look at the daily turn positive up.
If the European market does not power, the U.S. market to do more to see the price, the form, if not stop loss. Today has been bullish.
But this cross, I still want to insist on the long view unchanged, to prevent the sudden rise of gold.
Down is not terrible, now the trend, or the trend of the year, the general trend has not been in the weak inside, a simple proof:
Weak down fast, strong does not necessarily rise fast, you look at the products of the bear market, if weak, how many days down, this year's gold is so? But if strong, not necessarily accelerating up, the slow pace of the early rise may drag on for a long time.
Some people will ask the dollar is strong, gold will continue to be strong? When it's strong, nothing is a reason, when it's not, everything is a reason, it's as simple as that.
As for yesterday, there were also daily misses, one being the intra-day low slightly worse than the other.
Another technical point: the European hourly line rose in a row, and broke through the morning renewal of the mouth, while in the U.S. market a small correction, according to the hourly line large positive or 382 position, 1960 is a buy position.
But the U.S. market is not a continuation of the upward trend, but rather a suppression of the fall, the hourly line plunge, which means that relying on the European rise, the U.S. market before the correction, the U.S. market secondary more, failed.
And the price in the U.S. market broke the morning starting point, formally speaking, weakened, but the results of continuity did not, the early morning rebound closing, the daily once again back inside the cross K.
And this pattern, the morning correction correction, the watershed 1950, according to the rhythm of the present, 4 hours three yang, and so retreat to do more, it must be a shock, either directly layout, and yesterday, the same, first look at the European disk can explode up.
Therefore, the operation, due to yesterday's market discontinuity, relying on the intra-day trend layout of the U.S. market, still afraid of shock wash.
So catch the first wave of the trend.
Behind the cross K is still bullish, focusing on the European market.
Currently holding a buy order of 1959 in hand. Look at the daily turn positive up.
If the European market does not power, the U.S. market to do more to see the price, the form, if not stop loss. Today has been bullish.
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