freddeal

Gold shuttles back and forth sharply without continuous shock

Long
freddeal Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar


Today's market analysis and interpretation:



First, the level of the daily gold line: Yesterday it closed with a big yin, and suddenly swallowed the previous two yangs. It may not continue to fall, and it directly dived and pulled up close to 10 US dollars in the morning. This detail implies that there is momentum for an upward rebound today; in addition, from the perspective of the K-line shape cycle, the current trend is two yang + big yin + two yang + big yin The way to go is that yesterday was overcast, and today it may close to positive; however, from the perspective of the operating channel, the high and low points are gradually moving down, and the macd is also at a high level. This kind of callback is carried out by sweeping back and forth repeatedly in a wide range, so it is not easy to grasp the short-term direction and point, and it will keep changing the strength of the day; After time, they will still choose to break through upwards and launch a short-term unilateral trend attack. For example, the move from June to early July is to continue to oscillate, slow down and adjust downwards, finally support 1892, and unilaterally attack to 1987. It takes a week to reach the height of a few weeks ago; therefore, the short-term trend has remained bullish, while the short-term is carried out with a wide range of oscillations and slow callbacks. After seeing the big yin, it may not be directly connected to the yin;



Second, the gold 4-hour level: still focus on the gains and losses of the annual average, as well as the touch pressure of the middle rail and the average;



Third, the level of the golden hour line: Weak pressure overnight, a wave of pull-ups directly impacted the 1953 line this morning, and returned to the green wide channel range in the picture again, and broke through the upper rail resistance point of yesterday's downward channel; at the same time, macd zero The golden cross below the axis, the red column is heavy, and it is believed that there is kinetic energy for rebound correction today; first predict that it is currently running on a new white upward channel, the lower track support is the middle track 1947, the upper track resistance is the moving average 1956-57 line, the middle It is also easy to continue the rebound on the breakthrough station of the track, and see if it can make a wave of upward rush before the US market; Fengshuiling is the low point of 1945 in the afternoon. Once it is lost here again, the rebound of the upward channel may fail, and it will weaken again to try 1940 overnight. Low probability; on the contrary, as long as it is above 1947, it tends to look at a wave of rebound first, test the resistance of 1956-57, and then go up to 1960-65 close to the annual average, after pulling up, then look at the suppression backtest;


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
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Gold's rise is within my expectations
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