Gold continues to be empty after rebound
Updated
The overall trend of gold rose and fell back yesterday, which is in line with our expected trend. Yesterday’s article clearly pointed out that gold should fall first and then rebound. We also gave the trading plan according to our own ideas. The 1932 empty order successfully made a profit, and then the US market gave The backhand long order in 1923 basically captured the fluctuating profit of the whole day. As long as the gold price does not break the MA10 of the daily line, all rebounds will be short-lived, and there will be no direct upward trend, so grasp the watershed in trading, you will feel The market will be very simple, and there will be no failure to make an order because of a little profit or loss.
From a technical point of view, gold prices on the daily line continue to be under pressure from MA10, but Bollinger is showing signs of closing. As long as it breaks through MA10 and stands firm, the rebound will continue. Focus on the position of MA10 on the daily line, which is yesterday's position The high point is 1933. If this point is not broken, it will continue to be empty. If it breaks above, the rebound will continue. However, looking at the general direction and the weekly line, gold is definitely still in a bearish trend, and it is bound to continue to fall to new lows. The 4-hour line has now formed a downward trend, and it is only waiting for heavy volume. In terms of pressure, focus on the counter-drawing high point of 1928. Second, It is 1931, so we can empty it in batches in 1928 and 1931
Trade active
Gold made a profit of 4 points, are you still waiting and watching?Trade active
The gold long order has been profit-filled, and the short order has begunTrade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Gold empty orders have made a profit of 4 pointsTrade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Gold 1920 is long, has made a profit of 5 US dollarsTrade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Related publications
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.