Gold’s pattern this week is a fluctuation of $20
Updated
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In Monday's article, I told everyone that the target position for this rise is likely to be 1970-1980. Sure enough, when it hit this range, it also fell down again.
So yesterday I also reminded everyone to short gold in the 1970-1980 range, and gave a 1955 closing order.
This week you can find an interesting pattern from 1930 to 1950 on Monday, 1950-1970 on Tuesday, and 1975-1955 on Wednesday. The recent range has been maintained at around 20 US dollars.
Assuming that the current correction high of gold at 1968 is the top, then if it falls tonight, it will have to go to around 1948.
This is of great reference value. The current Fibonacci 382 position on the hourly chart is near 1948.
Using 123 to find 4 for analysis, the 100% position of this wave C is also at 1948.
Of course, the prerequisite for going to 1948 is that today's high point is 1968. If there is a higher price today, then there will be an error here and 1948 may not be reached.
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In Monday's article, I told everyone that the target position for this rise is likely to be 1970-1980. Sure enough, when it hit this range, it also fell down again.
So yesterday I also reminded everyone to short gold in the 1970-1980 range, and gave a 1955 closing order.
This week you can find an interesting pattern from 1930 to 1950 on Monday, 1950-1970 on Tuesday, and 1975-1955 on Wednesday. The recent range has been maintained at around 20 US dollars.
Assuming that the current correction high of gold at 1968 is the top, then if it falls tonight, it will have to go to around 1948.
This is of great reference value. The current Fibonacci 382 position on the hourly chart is near 1948.
Using 123 to find 4 for analysis, the 100% position of this wave C is also at 1948.
Of course, the prerequisite for going to 1948 is that today's high point is 1968. If there is a higher price today, then there will be an error here and 1948 may not be reached.
If you need more trading signals. can join us
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If you want to get more detailed trading signals. You can follow the bottom area to join
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