Gold Analysis
At present, 1760 is the watershed of gold price rise and fall. From H4 Bollinger belt formed a shrinking state, short-term support level 1760, pressure levels 1775 and 1785. Today, regardless of the impact of non-agricultural data on gold prices, we only need to focus on 1760, if 1760 falls below, gold prices start a downward trend, if 1760 cannot fall below, gold prices maintain an upward trend, today's trading strategy:
1, gold prices do not fall below 1760, trade buy orders, otherwise trade sell
2, gold prices do not break 1775, trade sell orders, otherwise buy
3, defensive strategies gold prices between 1785/90 trading sell or gold prices between 1745/50 trading buy
1, gold prices do not fall below 1760, trade buy orders, otherwise trade sell
2, gold prices do not break 1775, trade sell orders, otherwise buy
3, defensive strategies gold prices between 1785/90 trading sell or gold prices between 1745/50 trading buy
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