Whether gold can usher in a unilateral surge today

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-- Gold market review yesterday --
Yesterday Monday morning, gold opened 2388 line, the opening fell back 2387 after the start of the bull outbreak, gold is also thus suffered a surge to break 2390-2400, the highest to 2403 line to usher in a halt to fall back, and for this wave of fall, it is only a wave of low 2394 near once again ushered in a shock slow rise 2402 line, It is a pity that the bulls did not usher in stabilization, and then gold again ushered in a sharp fall to break 2390, the lowest fell to near 2388 to usher in another shock climb, and the short is therefore trapped in the 2395-2390 range. During the European trading session, gold has climbed to around 2395 again after a wave of slow fall since 2395 shock stopped near 2386, but the short and long lack of further breaking momentum, and gold is therefore once again ushered in a fall near 2386 from the shock. As for the United States trading period, the gold shock down near 2385 ushered in a stop recovery, bulls are also therefore broke out a wave of 2396 line, but then the short suffered a crash, gold is therefore a drop below 2390-2380-2370, the lowest fell to 2369 line to usher in a stop recovery, midnight, After a see-saw in the 2374-2378 range, gold ushered in a break of 2380, and then gold also reversed its decline and finally closed near 2383.


-- Is the gold flash crash just a wash? Can gold usher in a unilateral surge today? -

Yesterday Monday, for yesterday, gold is short also ushered in a little outbreak, after all, early in the morning, gold opened from 2387 ushered in a rise of 2403, bulls broke out 16 points or so, then for this wave of pull up, the reason I also said in my blog yesterday, because of a slight outbreak of geopolitical risk, this led to gold hedge buying pull up, of course, As far as the situation in the Middle East is concerned, the influence is limited, although it can stimulate gold to pull up, but it is not supposed to have such a large range, in fact, the most important thing is that the market has been activated since the gold fell sharply last week since 2353 ushered in the bottom, coupled with the assistance of geopolitical risk, which led to further higher gold.



Of course, since gold can rise, it can certainly fall, as far as yesterday, gold from the highest 2403 ushered in a halt to fall back, gold fell to the lowest 2369, in general, gold is also in the opening surge after the fall of more than 30 points, for this situation, Chen Feng I also said, gold since the high process, but also relative inspired the market buying heat, In this case, gold is relatively easy to encounter the possibility of the market smashing baptism, and yesterday Monday, gold rose to break 2400 unable to stabilize the situation, the market volatility performance bleak, this, more is waiting for the outbreak of market information this week, and in this case, gold fell back to adhere to 2390-2385, It also inspired the favor of the market to do more in the short term, which is relatively attracted market institutions to intervene, which is why there will be a crash near midnight, purely because of the malicious washing of institutions, this point, you need to further prevent such situations in the next time.



So, for today, Tuesday, when gold is accustomed to unilateral days, how to choose whether gold is long or short? First of all, for the moment, although gold has suffered a pullback, it is worth mentioning that the bears are not strong, after all, if it is not for smashing, gold is also difficult to have this opportunity to flash down, for this point, at present, gold is more inclined to be controlled by the market, then in this case, The long/short judgment on gold is undoubtedly a bit difficult to choose. Take yesterday for example, gold opened up, the market bullish gold heat climbed, but it happened to hit the lower, then the current, the return of gold bears still has a decline in the case, it does not rule out further encounter the possibility of long and short washing, so for today, especially the market is waiting for the Federal Reserve interest rate resolution and Powell speech before the outbreak, You also need to be careful to guard against the possibility of multi-air malicious sweep, this sweep not only refers to unilateral, it may also be said to encounter repeated baptism of multi-air, this, you remember the main.



So how do I personally judge today? In fact, as far as I am concerned, or prefer to optimistic rebound, after all, for yesterday, gold can not break 2400 to stabilize and suffered a crash, the market buying heat is also hit, to say the word is not good, the market will think that the current bullish heat is high in the case of bear malicious attack, This may also cause the market to blindly bet on the short break to seek further lower bottom, but is the so-called smart anti-smart mistake, as far as the current facts are concerned, gold yesterday after the flash collapse 2369 suffered selling out, this is relatively hindered the short momentum, and then rebound 2380 saw inability to stabilize, more, in Chen Feng my personal judgment, Biased to force the short market, that is to say, gold is currently more in a kind of empty possibility, for today, I think gold will encounter a bull surge to break through 2400 higher 2410-2420 this area, of course, does not rule out further stabilization on the possibility of breaking 2430, this, you also need to be careful to do. Of course, it is not that I do not say the analysis, just say that for the moment, the analysis is useless, more, I will still speculate on the market psychology and their own sense of the market judgment, this, you can carefully follow up.



So for today's operation, I personally, or prefer to fall back to do more, above the batch in the vicinity of 2380 directly open dry, break is to keep 2370 do more. Hanging 2390-2400 above the broken single defense, as for why not hold on to the low to do more, more or afraid of repeated baptism of the market resulting in profit can not fall into the bag, of course, you can still hold radical to batch on the protection. However, at present, I just look at the rebound, not bullish gold, that is to say, if gold can successfully break the 2410-2420-2430 area, I will further layout the possibility of shorting, after all, before the interest rate cut is clear, the bulls have reached the top of 2483, this point, without unexpected stimulus, the new high is difficult to appear. In this regard, as far as the general trend is concerned, I will definitely choose to find a high level to seek short opportunities, of course, as for the specific operation, I still do give in the solid offer, you remember to strictly follow my requirements to control positions and stop losses can follow up.
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