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Gold market analysis

Yesterday because the United States Martin Luther King rest, the market fluctuated a few points of volatility, the daily line shows that it is still above the 5-day moving average, the previous pull up because the situation in the Middle East intensified, but insisted on a few days gold did not fall back, or stable at a high level, the overall strong, today's ideas we still follow the market, the shock is more treatment, White plate we rely on 2041 this support above to do more, the weekly line last week is the cross star, the weekly line pressure is 2064 and 2088, this week we continue to pay attention to the gains and losses of these two positions, the short-term game is inevitable, do not chase up under the pressure, must control their own mentality, impatience is the root of the loss of money.

Gold shape support 2041, the daily line of the 5-day moving average and 10-day moving average position is also near 2040, today's market position does not break we insist on looking at bulls, if broken it is necessary to re-think the market, white disc suppression is 2058 and 2062 this position, small shock repair ended the possibility of moving average pull up.


Support 2041, pressure 2058,2062, pre-disc strong and weak splitter 2049.

Gold -
Buy around 2045, target 2058-2064
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2043 is a very good buying point to continue to buy gold
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