Gold price analysis

Updated

Gold prices rose all the way in the opening of the Asian plate, peaking at around 1899.2. It seems to have risen with the dollar. I think this rise will meet the top of the short-term operators immediately, because the gold price has entered the 5-minute adjustment stage. If the 5-minute price reaches a new high, short-term bulls will have to close their positions and wait for a 4-hour drop to appear before choosing to buy. I think we need to pay attention to the downward risk of gold price adjustment today.

Note

In fact, I think the trend is right, because there is serious backwardness in the small level. It is certain that breaking through the high point is bound to be a big opportunity to short

Note

The lowest is 55. Our most important judgment now is whether the gold price will continue to fall. If not, everything is in vain,
Because we are currently holding a short position, the price fall is good for us, the only thing we have to do is whether it is good for us to hold short orders now..

Note

The price of gold fell from 1907 to 1854, which is a rapid decline. I think the gold price will form a 5-minute fluctuation range at least. Obviously, we already know this. Next, we are looking for short opportunities in the volatility range.
Pay attention to any rapid decline, there should be no rapid rebound. In the evening we continue to look for short opportunities, ladies and gentlemen.

Haohao-X

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