GOLD:The trend remained down for the week

Nov 18

Gold fell all the way last week, 2686 fell to 2536 fell to 150 points, weekly pattern big top to determine, weekly trend continues to be bearish, this is the trend, the second is to find a position, short trend is beyond doubt.

The current performance is expected to rebound first repair let continue to fall, bear space will be larger, six trading days closed negative, last Thursday, the daily line appeared a hammer candle pattern, this is a stop down signal, but not the trend change signal, Friday repair today continue to repair, Asia-Europe time we first consider the opportunity to bear.

Based on the previous 4-hour line closed positive line, the short-term rebound will continue, the high of the rebound is near 2597, the actual suppression position is near 2603, Asia-Europe period first rely on this position to short, this week's shock repair small long is also a chance, Asia-Europe period small support is 2570, Friday repair low 2560 is also support, At present, the first estimated space is 2603-2570, according to this range to trade.

Support 2560 and 2570, pressure is 2603, strong pressure 2620 and 2643, disc strength and weakness line 2590.

Nov 18

Trade active

Nov 18

Trade closed: target reached

As expected, the market goes up first, please note the pressure level, which is also our short position

Nov 18

Note

Little volatility, keep waiting