yirkfd

yirkfd

Gold price must be repaired after a sharp drop. One is shock adjustment repair, and the other is rebound repair. Under this extreme downward trend, gold does not have the conditions for rebound, so the rebound here at 3120 may be caused by some short orders choosing to sell for profit, so the market will continue to fall. Now the upper side mainly focuses on two...

yirkfd Updated 

Gold is suppressed below the trend line and turned sideways to fall. The hourly line has gone negative. Falling first has almost become a rule and feature of gold in recent times. Focus on the 3236-3240 area for shorting, and the support below is 3215-3200. If there is no rebound, you can directly try to short with a light position and look for a decline. Between...

yirkfd Updated 

After gold fell below 3202, it rebounded to 3198 at its highest. This rebound was just an oversold rebound, and then it continued to fall back. The pattern has weakened and it is difficult to rise again. Weak shorts can hardly get past 3198. The short-term support below is 3140/3150. Gold 1-hour still continues to cross downward short positions, and the strength...

yirkfd Updated 

Gold price must be repaired after a sharp drop. One is shock adjustment repair, and the other is rebound repair. Under this extreme downward trend, gold does not have the conditions for rebound, so the rebound here at 3120 may be caused by some short orders choosing to sell for profit, so the market will continue to fall. Now the upper side mainly focuses on two...

yirkfd Updated 

Gold broke below 3200 and continued to fall. 3435 fell back to 3201. The two did not break and one did not hold. The wave division is being re-performed. The current market is still in the ABC adjustment trend from 3500 downward. Wave A is 3500-3201, and wave B is 3201-3435. The current market is in the C wave push from 3435 downward. The end of wave C opens a new...