Analysis of gold price trend this week--- 2630--2680

позавчера

Analysis of gold price trend this week, fluctuation range - 2630-2680
"Gold investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting gold prices is like predicting the weather - the weather is less often wrong!'"
Williams' gold weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
Obviously, the remarks of Trump and Powell are like Chinese crosstalk. They are singing a double act, Trump plays the red face and Powell plays the black face. Together, they reap the wealth of the world.
God's perspective - as shown in the figure:
We use the S line to symmetrically divide all trends, and we can draw a clear conclusion:
The gold price around 2630 is a normal rebound, but it also means that this wave of market has been digested.
Next, the gold price will move out of the new S line:
The most likely fluctuation range: 2630-2680
It is obvious:

1: If the gold price falls in the future, it is likely to fully absorb funds at 2630-2680, which means that the gold price will continue to rise in the short term.
2: If the gold price rises in the future, it is likely to stabilize at 2630 and fully adjust, which means that the gold price will continue to rise in the short term.
3: If the gold price fluctuates in the future, from a macro-cycle perspective, it is likely to fluctuate in the range of 2630-2680, which means that the gold price will continue to rise in the short term.

Summary of this week:
Gold price adopts a low-multiple approach, macro strategy reference:
BUY: 2620-2630
SL: 2600
TP: 2680
Specific operations, I will continue to follow up on ideas.

If you are interested in my analysis, you can discuss it in the comment area, and I will explain, share and communicate with you one by one

позавчера

Сделка активна

позавчера

Сделка закрыта: достигнута тейк-профит цена

At present, it is still consistent with my expectations, and the purchase price has stabilized above 2615. Although we have a small profit now, we need to note that the 5-minute cycle will indeed have a new market trend. Let's wait and see.