MortimerPriestley

MortimerPriestley Updated 

As the market will be closed tomorrow for Easter, gold is destined not to rise like yesterday, but will enter a period of shock correction. The decline from 3357-3320 reached 37 US dollars, so focus on the pressure of 3342 and try to participate in the short position to see the decline. The strong pressure is at the high point of 3356-3357. If it does not break...

MortimerPriestley Updated 

Yesterday, the gold market opened at 3230 and then fell back slightly to 3229.4. After that, it fluctuated upward all the way. After breaking through the integer mark of 3300 during the session, the US market accelerated its rise. The daily line reached a high of 3342.8 and then the market consolidated. The daily line finally closed at 3342.2 and the market closed...

MortimerPriestley

After the sharp rise in gold prices, the trend of the European session is crucial. If the European session maintains a sideways trend with slight fluctuations, then the US session will most likely launch an upward attack again. What needs to be focused on at the moment is the extent of the bulls' pullback repair. In view of the current volatile market, a drop of...

MortimerPriestley Updated 

Gold continued to break through strongly, with the highest price reaching 3298. After the key resistance level of 3246 was effectively broken, there was no retracement, confirming the continuity of the bullish trend. The current gold price has refreshed the historical high, and is only one step away from the integer mark of 3300 US dollars. The technical form...

MortimerPriestley

Today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The upper short-term focus is on the 3230-3232 line of resistance, and the lower short-term focus is on the 3200-3210 line of support. Friends must keep up with the rhythm. Control positions and stop losses, set stop losses strictly, and do not resist single operations.

MortimerPriestley

Gold strategy: It is recommended to buy at 3220-24, stop loss at 3200, and target at 3238-40;