12.30 Gold Short-term Operation Technical Analysis BUY

Updated
Last Friday, gold took a high-rise and then fell back. The trend is under control, and everyone has witnessed it! Gold opened at $2,633. In the morning, gold slightly retreated and touched $2,628.6, and then rebounded. The highest rebound of gold in the Asian and European sessions reached $2,638, and then it was blocked and fell back. The US session continued to fall and touched the lowest level of $2,611.5. It rebounded in the late trading and finally closed at $2,620.8. The daily line closed with a negative line with upper and lower shadows, and the weekly line closed with a pregnant cross star pattern with an upper shadow slightly longer than the lower shadow. After the end of this pattern, gold was obviously blocked. There is still a need to continue to fall at the beginning of the week. Today, gold focuses on the upper resistance at $2,630. Rebounds rely on shorting below the resistance here, and then look at $2,610 and $2,605 below! The specific operation points are subject to real-time layout!
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In the world of traders, only screening is done, not education. What can convince a person is never reason, but the south wall. What can wake a person up is never preaching, but suffering. Trading is a long practice, and each of us pays for our own cognition. Smart people give enough time to get close to the pulse of the K-line, improve their cognition, and understand the changes in the K-line's face. Time does not turn back, there is no if in trading, and attacking is a battle. Strict risk control is the best self

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Trade closed: target reached
Buy at 2600 points, in line with expectations, currently increase position and gain 20 points
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Senior Financial Analyst Main expertise: Analysis of financial products such as gold, US dollar, digital currency, etc. Telegram link: t.me/+43sO_tENBOswYWMx
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