Judging from the recent retracement rhythm of gold, the retracement will not last long, and the retracement space will not be too large. It just increased the shock, but the overall trend is bullish. Gold support is around 2729, with upper resistance around 2746 and 2757.
The intraday trend of gold continued last week's slow rising trend, without a sharp and rapid rise, because the faster the rise, the more unstable the market trend will be, and it will easily peak later.Even if gold falls currently, there is very little room for retracement, and the correction time is very short. Bulls have full momentum, and gold has no upper...
Gold’s rally is not over yet, and highs will continue to be refreshed! Due to the strong market trend of gold, there are not too many corrections and adjustments, and the strong rhythm during the day is expected to continue to release the upper space today, so sideways or declines are opportunities to go long. The lower support for gold is around 2702. Even if...
Gold broke through a new all-time high today and did not form a double top pattern, so gold will not have a large decline at this time. I think gold will continue to rise along with the trend. If you want to go long on gold, you can wait for gold to fall back and look for opportunities to go long. I will remind you in my article.
The gold K-line deviates far from the moving average, which is abnormal, and the K-line will inevitably return to the 50-day moving average. Gold is still a bit stagnant, and it still cannot reach the all-time high. Trading idea: short gold near 2681, stop loss 2690, target 2660
Gold has begun to form a head and shoulders top in 30 minutes, and the 30-minute moving average of gold has begun to turn downward. Gold may begin to weaken and then begin to fall. Gold began to fall after being under pressure from the 2660 resistance. There is still a lot of pressure above 2660 for gold. Gold can be shorted near 2655