Overseas traders gold unwinding

Updated

First of all, gold prices have been falling since 2074, and the lowest level is around 1764. In recent times. Period 1764.5 began to rebound, at this stage is still in rebound shock. At this stage, we should judge whether the gold price will continue to rebound, or stop and continue to go down. Here are a few concerns. 1. If the price will continue to fluctuate below 1855, it is unlikely that the gold price will fall. 2. If the gold price wants to continue to rise, the 1855 above must be stable. However, I think that the lowest price reached around 1819 yesterday, and the price stopped falling and there were signs of backwardness, which led to today's price rebound. Note that the rebound space is near 1842 above, and the short-term gold price can be multi-objective 1840. We should focus on whether the opening of the US market has strength to pull up, and if the strength is weakened, the position can be closed.

Note

Because it is a 30 level shock, so we stop earnings for a short time and continue to wait for trading opportunities

Trade closed: target reached

Note

Today's gold 5-minute rise is relatively strong,
From the perspective of the previous analysis, 1855 pressure is still effective

Haohao-X

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