gold will continue to rise
6.16 Analysis of today's gold market trend:
After the confirmation of the rise of gold on Thursday, the change of strength and weakness has not been formed. This kind of trend ushered in the outbreak of bulls again. Since the bulls and shorts failed to change, then, gold will still maintain a bullish trend in the near future, which is undoubtedly bullish.
What needs to be noted in the session is that the daily line cycle has a false breakthrough. Although the decline pierces the lower track of the daily line Bollinger, the positive k-line after closing up is firmly above the lower track of Bollinger, breaking through the middle track of Bollinger with a big positive line , and today's k-line is also standing firmly on the Bollinger middle rail, so today's gold is absolutely strong, and the upper Bollinger rail high point of 1980 or 1985 (the starting point of the previous decline) can be seen above.
In the H4 cycle, Gold Lianyang is rising, and the high point on the upper track has not been tested yet, so there is no opening at present. To be bullish, you need to look at the gains and losses of the high point on the upper track at 1968/1970, and then see whether Bollinger will open. Therefore, the suppression point within the day It is also relatively clear. The first high point focuses on 1970, and the second high point focuses on 1980. During the Friday time period, it is expected to continue its strength, rushing to the suppression point and then falling back. The small cycle determines the entry and exit of specific transactions. After the first wave rose to 1960 on Thursday and fell back to 1951, it was weak. The actual support was at 1950. Therefore, the key point of today's strength is at 1950, and the support for rising and falling again at midnight is at 1955. Therefore, the strong support is at 1955, then, the actual transaction can be placed above 1955 or 1950 to do long, and the specific situation is combined with the intraday pattern. Whether the high suppression point can be long needs to be considered in the US market
6.16 Gold Strategy: If it goes up, it is recommended to rebound to 1968-1970 and short, stop loss 6 points, target 1960-1955 break position can be held; if it goes lower, pay attention to 1955-1950 support and do long, stop loss 6 points, target 1965-1970 break position can continue to hold
After the confirmation of the rise of gold on Thursday, the change of strength and weakness has not been formed. This kind of trend ushered in the outbreak of bulls again. Since the bulls and shorts failed to change, then, gold will still maintain a bullish trend in the near future, which is undoubtedly bullish.
What needs to be noted in the session is that the daily line cycle has a false breakthrough. Although the decline pierces the lower track of the daily line Bollinger, the positive k-line after closing up is firmly above the lower track of Bollinger, breaking through the middle track of Bollinger with a big positive line , and today's k-line is also standing firmly on the Bollinger middle rail, so today's gold is absolutely strong, and the upper Bollinger rail high point of 1980 or 1985 (the starting point of the previous decline) can be seen above.
In the H4 cycle, Gold Lianyang is rising, and the high point on the upper track has not been tested yet, so there is no opening at present. To be bullish, you need to look at the gains and losses of the high point on the upper track at 1968/1970, and then see whether Bollinger will open. Therefore, the suppression point within the day It is also relatively clear. The first high point focuses on 1970, and the second high point focuses on 1980. During the Friday time period, it is expected to continue its strength, rushing to the suppression point and then falling back. The small cycle determines the entry and exit of specific transactions. After the first wave rose to 1960 on Thursday and fell back to 1951, it was weak. The actual support was at 1950. Therefore, the key point of today's strength is at 1950, and the support for rising and falling again at midnight is at 1955. Therefore, the strong support is at 1955, then, the actual transaction can be placed above 1955 or 1950 to do long, and the specific situation is combined with the intraday pattern. Whether the high suppression point can be long needs to be considered in the US market
6.16 Gold Strategy: If it goes up, it is recommended to rebound to 1968-1970 and short, stop loss 6 points, target 1960-1955 break position can be held; if it goes lower, pay attention to 1955-1950 support and do long, stop loss 6 points, target 1965-1970 break position can continue to hold
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