12.30 Gold Short-term Operation Technical Analysis BUY
Last Friday, gold took a high-rise and then fell back. The trend is under control, and everyone has witnessed it! Gold opened at $2,633. In the morning, gold slightly retreated and touched $2,628.6, and then rebounded. The highest rebound of gold in the Asian and European sessions reached $2,638, and then it was blocked and fell back. The US session continued to fall and touched the lowest level of $2,611.5. It rebounded in the late trading and finally closed at $2,620.8. The daily line closed with a negative line with upper and lower shadows, and the weekly line closed with a pregnant cross star pattern with an upper shadow slightly longer than the lower shadow. After the end of this pattern, gold was obviously blocked. There is still a need to continue to fall at the beginning of the week. Today, gold focuses on the upper resistance at $2,630. Rebounds rely on shorting below the resistance here, and then look at $2,610 and $2,605 below! The specific operation points are subject to real-time layout!
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In the world of traders, only screening is done, not education. What can convince a person is never reason, but the south wall. What can wake a person up is never preaching, but suffering. Trading is a long practice, and each of us pays for our own cognition. Smart people give enough time to get close to the pulse of the K-line, improve their cognition, and understand the changes in the K-line's face. Time does not turn back, there is no if in trading, and attacking is a battle. Strict risk control is the best self
t.me/Alan1234554
Trade closed: target reached
Buy at 2600 points, in line with expectations, currently increase position and gain 20 points
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.