GustaveGeordie

GustaveGeordie

The gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still...

GustaveGeordie

Gold opened at 3240 today and then rushed to 3252, then touched pressure and stepped back. We also gave a short position at 3240 and a short position at 3256-6. After all, there is a lot of pressure from above, and the technical side also needs to repair the strategy, so we gave a short entry at 3238-40, and the target is 3215. So far, the lowest point of the...

GustaveGeordie Updated 

The gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still...

GustaveGeordie Updated 

Gold trend analysis: After gold fell below 3200 this week, the current trend is as shown in the figure. The end of this wave is tentatively set at around 2900. There may be a rebound during this period, but it is only a rebound. After the news faded, it was a rebound in the analysis after the 9th of this month. It emphasized that the gold price of 3500 was a top...