Gold 85-84 to do more; short-term try to do more
Gold, after the opening of the day, first retreated at the 84 line, and continued to compete around 90, but in the U.S. market, it unexpectedly rose above the 98 position and then began to retreat, and continued to touch around 85, forming a three-bottom pattern , and in terms of the weak form in the near future, this action does not perfectly explain the signs of the bulls' rebound, but when the market continues sideways and there is no sign of breaking the position, we can continue to consider whether the reversal of gold is coming, At present, the daily line continues to be under pressure on the negative line, and the short-term moving average has also achieved the effect of short resonance. The multi-hour line has a perfect downward channel. According to the simplest operation idea, just let nature take its course and follow the market, but the intraday surge , In terms of the support effect achieved below, we can still consider trying to release a certain amount of energy from the bulls, while the first target above is maintained at the 1900 integer level. Once this position is broken, there will be a continuation in the later period At present, we can go long on gold around 85-84, the target is around 95-00, and the stop loss is 79. If we break the 80 line as follows, we can consider shorting.
