The time has come for a surge

4 часа назад

Gold technical analysis: from the plate point of view, gold today showed a bottom rebound trend, after stabilizing in 2605-2604 area, there was an upward divergence trend, the highest point hit 2630 line hovering. Daily line level, gold prices after the negative continuation is not strong. The current position is just the daily 2600 up channel up line support. Only a valid break below here will have further downside focus on the 2590-70 area. If it holds there will be a rebound correction testing the 2640-50 area.



In terms of 4 hours, the bardo did not appear strong continuation after breaking, but the shock consumed the downward power back and forth, and it was difficult to appear decent adjustment without breaking 2600 in the short term. After the market if firm 2650, then the short - term adjustment may face the end. Hour CHART HAS FORMED DOUBLE BOTTOM, short - term fall basically come to an end, after the market return to rise!! In general, today's gold short-term operation ideas on Kim Sung-fu suggested a pullback to do more, supplemented by a rebound short, above the short-term focus on 2648-2650 line resistance, below the short-term focus on 2615-2618 line support