Gold trading strategy on September 14
Updated
Through the analysis of the golden hour chart, we know that the market continued to maintain a weak consolidation trend yesterday. Since the upper trend line support at 1935, it has been oscillating downward along the downward trend line and moving average system recently. We can also clearly see from the MACD below When there are signs of bottom divergence below, although it has been running in a weak area in the short term and has been suppressed above, once the intraday data is affected by the data and the volume breaks through the downward trend line, it is very likely to continue to return to the oscillating upward trend. In terms of operation, we will continue to go high and low. Many ideas, specific suggestions are as follows:
Gold 1907 and 1902 are long respectively, the stop loss is 8 US dollars each, and the take profit is 15 US dollars each;
Gold 1918 and 1923 and 1928 and 1932 are short respectively, with stop loss of US$7 each and take profit of US$15 each.
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