12.30 Gold continues to fluctuate, with high selling and low buying continuing throughout the day
Your profit comes from the losses of others. That is to say, when someone makes a mistake, the market will generate profits that can be earned by others. However, you cannot calculate or predict how many people will make mistakes or make big mistakes in the next step, nor can you guarantee that you will always stand on the right side. So, in trading, the only thing you can do is to try to make your mistakes as short as possible when they occur. The rest is to wait for others' mistakes and encourage them together.
On Friday, the price surged and fell back. The first wave of the price returned to the bottom of the box and converted to the 2623 line, forming a wave of upward movement to around 31. The second wave was a break from level 23 and a wave of downward movement to 2611. However, we had an additional segment on level 23 and a gap at 23.5. From the current market situation, the daily chart is still in a downward rebound, and the price can only change this oscillation if it breaks through 2645 and closes far above. Currently, it is suppressed below the 26 antenna. The 4-hour chart breaks through the upper line and exits the downward suppression. On Friday, it returns to the lower line 2611 and supports. At the end of the day, it closes above level 20. The acceleration lines on both sides of the hourly chart run. Therefore, we can temporarily treat it as a range based on the premise that 2645 and 2605 on both sides have not It can be seen that in the short term, the pressure is suppressed in the 33 area and the lateral pressure in the 36 area, while in the morning of the 23rd, regardless of whether it can be contained or not, it is at least in the past, So, a new support has been formed in the 2613 area below, so from the perspective of the large range, before breaking the level, it was based on 2636-06, and the small range was 13-33. Therefore, the comprehensive conclusion is as follows: interval oscillation treatment.
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