Risk aversion was high over the weekend. Today, gold did not open high, but low, so the vicinity of 1932 last week is an important suppression point today.
I also said yesterday that from the point of view of technical indicators, gold is already overbought, and all cycle indicators need to be repaired, but because of the impact of the Israeli-Palestinian conflict and war, now we need to wait for confirmation of the direction.
Trading advice:
Xauusd:sell 1923-1930 TP:1919-1914
SL:1933
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Комментарий:
Waiting for the trend to be obvious
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Risk aversion is buffered, and technical indicators are gradually adjusted
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Keep up with me
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Observe whether 1908 can be supported yesterday
Комментарий:
Above 1905, you can still choose to buy and go long. Use yesterday's low of 1908 to choose to buy and make a stop loss.
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Комментарий:
If you can't break through the previous high, it's still not an upward trend.