The sharp decline in gold is not a good sign
Last Friday, gold fell sharply again, which is not a good sign. At least Wolf Brother believes that the gold price will not plummet for a long time. The decline is just for better upward momentum. Perhaps this wave of surge will reach a new historical high, and everything is an opportunity
The deep decline of the gold four hour line has been in place, and we have also said that it will fall. Of course, we entered the market early to buy more, but it definitely does not affect our view of a $60 drop. On the technical side, the candlestick has reached support and the bottom of the oscillation. It is difficult for the candlestick to continue to decline, and a rebound is inevitable. The hourly line continues to deviate far from the moving average, which is still abnormal. Long, 2630 support continues to buy more
Investment strategy: Buy long at 2630 gold, stop loss at 2620, target at 2702
Disclaimer: Investment carries risks, caution is required when entering the market
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights