Gold is facing the possibility of a new low, don't be too bullis

Let go of your impetuousness, let go of your laziness, calm down and do what you should do, it's time to work hard! No matter what you do, believe in yourself and don't let other people's words knock you down. If you can't find a reason to hold on, you have to find a reason to start over. Remember a sentence: the harder you work, the luckier you get.


On Monday, gold rebounded from the more than three-month low of 1910 touched last Friday, and stood at $1930 in the European session, but the gains were all lost in the US session, and it still failed to stand above the 1932 mark. Maintained at 1920-32 for rectification.


So far, the lowest level of gold has remained around 1920, and continued to be consolidated in the 1930-20 range.


Judging from the hourly chart, the high point of gold is also decreasing step by step, from the high point of 1937 to 1933 to 1930. From the current point of view, the probability of gold breaking again and standing at 1930 is relatively low.


The gold low point has definitely not yet appeared, and 1910 is definitely not a low point yet, at least from the hourly chart, 1910 is not a low point here.


If it is said that once the hourly chart range is down again, it will break through 1910, but it will not be too deep for the first time. It is expected to pierce through 1910 and test the 1900-1910 range.


Therefore, don't look at the vicinity of 1920 as if you are holding on, and swarm to do more bullish, you must know that maybe the time has not yet come.


Therefore, if the A-share market opens tomorrow morning at the latest, gold may be affected.

The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life

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Gold is so powerful that it plummeted directly to our take-profit position, what else do you not believe? This is the strength of analysts, if you don’t believe it, there is nothing you can do