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Golddoctor
Jun 16, 2020 2:55 AM

Gold analysis  

GOLD (US$/OZ)TVC

Description

The current buying force is greater than selling. The upper pressure of the gold price is 1735, the strong pressure is 1745, and the lower support is 1725, 1715 and 1705. Today, focus on whether 1735 is a breakthrough. Trading suggestions:
1, the gold price does not break through 1735, trading sell orders, otherwise buy
2, gold prices do not fall below 1725, trading buy orders, otherwise sell
3, gold prices are 1740-1745, trading sell orders
4, gold prices are 1705-1710, Trade buy order
Comments
SmileR2020
I am holding for a pullback to around 1700 to buy in for a long..we nearly got there monday but I held out hoping it would hit the 1700 and missed it...hopefully we get there today...I might take a long at 1704 as you suggest which is what we hit monday..don't want to miss it this time..I can always take a second long if it dips under 1700..I think that is the safest bet at this indecision point...ie. wait for the low and buy in.
Golddoctor
@SmileR2020 it tested 1712 but unable to break 1715 so did you manage to trade .
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