Gold, h4 hour suppression

14 juin 2023

Gold h4 hourly chart from the Bollinger Road upper rail is also Monday's high point near 1970 under pressure to fall back, single negative large K-line straight setback to the lower rail. The large negative line closing low focus on the renewal of the volume behind, the current 4-hour closing is relatively still on the weak side of some, today's concern about the 1933-1930 low breakthrough situation to determine the downside of the market space, in the interval sawing collation in the momentum breakthrough, broken to open the downside space, otherwise the short term will remain oscillatory sawing; 1-hour chart a wave of straight-line decline, the space has a certain release, taking into account the shape of the dollar for the time being is also Contraction oscillation, in the bearish at the same time should also beware of the lower rail to go rebound.

Gold is still weak links, rebound up repeatedly under pressure are down to end, so the short-term structure or weak structure, the trend is weak, then the layout of the main direction or empty. Secondly, the recent market conversion is relatively frequent, low stop out rebound, high stagnation often pressure is down, so the current market in the low stop stage, first look at the rebound and then look at the second down. In general, the day first look at the rebound and then plan to do short to see the fall, low stop dip low more to see the rebound, followed by the upside blocked opportunities and then do short single plan to participate, once the opportunity to break the upper and lower edges of the range, then follow along to follow!