Gold continues to be short, there is no reason to be long pour FXOPEN:XAUUSD par Leo-trading-star

In these troubled times, the market has always been so smooth these two days. There is always a wave of gold prices rising before the start of each session. The Bank of Japan intervenes in foreign exchange and gold once again rises as a risk aversion, but the intensity is not as strong as the last time. The current price of 2187 is directly short and continues to fall!

If the 4-hour moving average of gold does not turn upward, it means that its strength has weakened. The 4-hour gold price is still a head and shoulders top structure. Gold is still bearish first. Let’s go for a surge and fall. There is no particularly big risk aversion news. It should be difficult for gold. Just go up there. It still keeps oscillating back and forth.

The rise gives us the opportunity to go short. Before there is a strong breakthrough, there is no reason to chase long and continue to go short!

Transaction en cours

At present, all the K-lines have reached record highs, and the Dayang line has soared into the sky. It has blown the roof off. It is obvious that it cannot hold on anymore. All technical indicators are pointing to the bulls. The K-line has remained above the moving average throughout the whole process, and the moving average is close to vertical. Above, too strong, the macd energy column is also above the zero axis

Transaction en cours

The daily and weekly lines closed strongly higher, and the news stimulated further breakthroughs, making short-term bulls still strong. At least the technical side did not appear to rise and fall, and the bull structure has not changed. The boost from the news will expand the space. increase.

Transaction en cours

Obviously the K-line cannot fall. Gold once reached around 2230, but the big positive line directly pulled up to above 2250. This is an obvious bullish pattern. Even if it falls back, the big positive line can still pull up. This is a super buying trend. , the K-line continues to see new historical highs

Transaction en cours