The gold daily chart has peaked, and it is expected to fall and adjust today!
The daily trend of gold has emerged from the twilight star, showing a signal of peaking at the technical level. The strong upward trend has been paused, and today's market is expected to hit the top and fall back! In the short term, we mainly focus on the pressure at the 3000 level to layout short selling! But it is worth noting that the overall direction is still bullish, and short selling is only looking at a pullback!
The energy of the gold market opening in the morning is already very weak. Although the one hour candlestick chart shows a continuous bullish trend, the actual increase is only a few dollars, settling the events of the weekend. The gold market opening is still lukewarm, which is undoubtedly a bearish situation for the market. The gold market can be directly bearish around 2995 in the morning, and the short-term adjustment level is below 2978!
Specific strategies
Gold 2995 short, stop loss 3005. Target 2975;
Disclaimer: The above suggestions are for reference only. Investment carries risks, and operations should be handled with caution
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