Gold failed to challenge the downward trend line yesterday and quickly rebounded to stay above the 2300 mark. The pressure of the downward channel is still effective. Even in the face of relatively turbulent geopolitical fundamentals, gold still fails to fully reflect its safe-haven properties. Some people would say that the overall rhythm of the current market should be understood as an increase. From the perspective of the overall trend, this increase is no problem. One is a gradually rising low point, and the other is an upward shift in the shock range. However, from the perspective of short-term or one-trading day trends, it is more reasonable to treat it with a shock approach. The current price of gold continues to rise along the lower track of the daily Bollinger Bands and is still running in the downward channel. The short trend remains unchanged for the time being.
Pattern analysis: It can be seen from the disk that 2346 is the recent double top under pressure. It has not broken through multiple tests, but it has successfully pulled out of the decline. Therefore, a double top pattern is formed here. If you continue to be bullish during the day, you need to pay attention to the gains and losses at this point. If it can develop effectively, the market outlook may form continuous repair efforts. Therefore, the recent trend of gold should not be fixed on small gains. While the short-term bull bias remains strong, we can gradually pay attention to the support effect of the 5-day moving average of 2313 and 2300 below. If it can effectively break out of the decline and break through the 2300 mark, then the rise of gold will temporarily come to an end, and the market outlook is more likely to be biased towards a slow decline.
Pattern analysis: It can be seen from the disk that 2346 is the recent double top under pressure. It has not broken through multiple tests, but it has successfully pulled out of the decline. Therefore, a double top pattern is formed here. If you continue to be bullish during the day, you need to pay attention to the gains and losses at this point. If it can develop effectively, the market outlook may form continuous repair efforts. Therefore, the recent trend of gold should not be fixed on small gains. While the short-term bull bias remains strong, we can gradually pay attention to the support effect of the 5-day moving average of 2313 and 2300 below. If it can effectively break out of the decline and break through the 2300 mark, then the rise of gold will temporarily come to an end, and the market outlook is more likely to be biased towards a slow decline.
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My predictions are spot on every time.
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Stop blindly looking for trading information in the market if your trading is not going well. Finding me is your best choice. My trading analysis accuracy is 95%, which will help you make profits.
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Today's transactions are all profitable. With accurate trading signals, making money is very simple. If you are still losing money, no matter how much capital you have, you can come to me and I will double your profits within a week.
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Today’s operation suggestions: long near 2308, stop loss 2303, or short near 2320-2325, stop loss 2330.
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Today’s operation suggestions: long near 2308, stop loss 2303, or short near 2320-2325, stop loss 2330.
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Buy at 2312, a perfect profit of $15. If you follow my signal, you will also make a huge profit at this time.
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The escalation of the Palestinian-Israeli conflict has caused gold to rise in the short term. Pay attention to whether the 2340-2345 area can break through.
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Today, both long and short profits are made. If you are still losing money, you can contact me as soon as possible and I can help you recover your losses.
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Today, both long and short profits are made. If you are still losing money, you can contact me as soon as possible and I can help you recover your losses.
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Today, both long and short profits are made. If you are still losing money, you can contact me as soon as possible and I can help you recover your losses.
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Gold is mainly long at low levels today.
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Hope it helps you.
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This week's profit has reached 150%. Contact me and you will see a screenshot of my profit. Facts have proved that I can do it. If you are still losing money, you can contact me.
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I wish you all a happy weekend
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