btxebtxe

btxebtxe

At the 4-hour level of gold, as shown in the figure, this cycle is currently in a downward trend. According to the five waves of decline, 2790-2724 is the first wave of decline, 2724 to 2749 is the second wave of correction, and 2749 to 2643 is the third wave of decline. This 2643 is calculated based on 1.618 times, which is exactly stuck at this position, and...

btxebtxe

Technical analysis of gold: At present, the current round of gold decline has not ended. It is just that the decline from the historical high to today's early trading has reached nearly 150 US dollars. In the short term, it takes time to change the short rebound correction. After the correction is completed, the decline will start again. Yesterday, the...

btxebtxe Updated 

From the daily chart, the daily MA5-MA10 of gold is about to stick together to form a dead cross. In the 4-hour chart, the continuous negative pattern makes the price continue to run below the short-term moving average, and the short-term moving average continues to form downward resistance. Among them, the 10-day moving average and the 5-day moving average...

btxebtxe Updated 

Technical analysis of gold: Gold is still temporarily maintaining a high range of fluctuations in the daily trend, and the price is temporarily supported around 2724. After continuous narrow fluctuations in the 4-hour level trend, the technical pattern began to gradually adjust. The price failed to form an effective breakthrough after several breaks below the...

btxebtxe Updated 

Gold is in the Bollinger Band range and fluctuates sideways for 4 hours. As the saying goes, it gets colder at high places. Since the bull market has been slow to reach new highs, gold opened low in the morning. There was a rebound and rise during the period, but the highest rebound to 2744 just barely filled the gap of the low opening. Then the short-term...