GOLD:summary
This week, after testing around 1900 many times, gold rose directly, reaching a maximum of 1930, but it did not break through 1930.
Since there is no breakthrough in 1930, it is impossible to rise directly, and it will definitely fluctuate repeatedly.
From the technical point of view, Gold's daily cycle has closed, and it has risen continuously on Thursday and Friday. Obviously, in this state, gold will continue to rise, testing the daily Bollinger band high of 1950.
Next week, pay attention to the low points to support 1920, 1915, and 1905, and pay attention to 1930 and 1950 above. Among them, the break in 1930 can be seen as a unilateral rise.
Trading this week is not easy. Whether it is buying or selling, many people have not made a profit. Because there are few opportunities, the profit this week is not a lot, and it is only on the last day that they make a big profit.I hope that God will bless everyone next week and we will be profitable next week.
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Note
Tomorrow, observe the strength of the resistance and support pointsNote
Did not break through 1930, still range fluctuation
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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.