I know many people are waiting for my analysis today.
The next trend analysis of gold is drawn in the chart using the hourly cycle.
(1): Technical analysis of the bull market
The current key price pressure levels are in the following order:
2758-2760 range
2770 area
2778-2780 range
2790-2800 range.
All of the above are the prices we need to pay attention to when we are long. They are of great significance to the transaction and directly determine your offense and defense.
(2): Technical analysis of the bear market
We need to consider the worst possible scenario, after all, today is Friday.
The current key price support levels are in the following order:
2758-2760 range
2753 area
2736-2740 range
2710-2720 area
Near 2680
We cannot predict the unknown, but we can clearly make a reasonable trading plan based on the current situation
My deduction basically covers the essence of all technical models, which is a summary of experience and wisdom
You can clearly see the graphics I drew to learn
Reasonable division and fractal
So at present we regard 2758-2760 as an important watershed between longs and shorts
Important range for intraday trading today
Next I will continue to update and optimize the next trend. Thank you for your attention. Please support us by liking and sharing the post. And leave your views in the comment section