10.15 Gold Short-term Operation Analysis

Gold fell for two weeks without breaking the 2600 area. On Friday, it bottomed out at 2602 and continued to rise. It is currently running at 2646. It did not continue the rise on Friday in the morning. It opened lower and fell by $10. Obviously, it is cold at high places. The continuous buying momentum of gold is not strong. Those who are familiar with the market know that if gold breaks through 2635, it will return to the 2628 to 2675 area to fluctuate. Just pay attention to the pressure of 2665 in the middle. The low opening and low movement in the morning are more due to the risk aversion on Friday. The news on the weekend is calm and there is no risk aversion news. Obviously, gold profit-taking is also a technical need. Since the high has fallen back by nearly $15, it is aggressive to participate in long-term entry, and it is prudent to participate in the 2620 loss in the lower track 2630 to 2625. Now the pressure is concentrated in the 2658 to 2665 area. We insist on not participating in any short-selling operations above 2665, unless the high is adjusted by 15 to 20 US dollars, we can choose to enter the market for short-term long positions. There is no major news today. The expected area is to fluctuate back and forth and wash the market mainly. The area is expected to be 2628 to 2675 for high selling and low buying.
Commentaire
Your profit comes from other people's losses. That is to say, when someone makes a mistake, there will be profits in the market, but you can't calculate or predict how many people will make mistakes next, how big the mistakes will be, and you can't guarantee that you are on the right side every time. So, in trading, the only thing you can do is to make the mistakes as short as possible when you make them. Join my team and I will guide you on the correct trading strategy.
Chart PatternsgoldlonggoldmansachsgoldminersgoldpredictiongoldpreisgoldpricegoldsellgoldtradingstrategyTechnical IndicatorsTrend Analysis

Senior gold analyst who has been engaged in gold, US dollar, and oil trading for 12 years. Join me and I will lead my team to help you become a professional trader and expand your assets.
t.me/divedgold123
Aussi sur:

Publications connexes

Clause de non-responsabilité