Gold, have you reached the top?
Has gold really peaked?
The current situation of gold is not a matter of bullish or bearish, but rather a matter of peaking. Today, gold plummeted by $50 directly, and there is a clear bearish entity at the daily level, which is a bit scary. However, Lang Ge thinks that peaking is still a bit early
At present, the technical trend of the daily chart is mainly looking at a decline, with the top also being the evening star. This pattern still appears at the top, and the large bearish line entity also covers the lower shadow line. Obviously, the technical trend is downward. There is no doubt about this, but Wolf Brother believes that the candlestick line will rebound for a wave, and then the downward force will be greater. The rebound position is at the 2900 line, which is also the bottom of the previous period and the current top signal. Currently, we are looking for a rebound wave
Investment strategy: Buy long at 2880 gold, stop loss at 2870. Target at 2900
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