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Gold weekly and monthly level: For the monthly level, many people think that the bull market is over when they see the continuous long upper shadow cross K, and they don’t think that it can’t even effectively lose the 5-day moving average, and it is still in a strong stage in the strong stage, and it is also running on the upper track of the upward channel, indicating that the bull market has yet to continue. If it directly pulls up and engulfs the high point of last month this month, a group of bearish people will be wiped out. It has always been emphasized that you should not underestimate the trend of the past two years, and don’t guess the top. This top will reach a height that everyone can’t imagine. Following the bull trend is the right choice. Holding on to the low-level bullish band bottom position in your hand is the happiest moment in the past two years and the most witnessing moment of strength; and the weekly level, as mentioned at the weekend, don’t look at the big negative last week and lose the lower track of the channel. It is also completely possible to directly come back with a big positive this week.
Gold daily level, there has been a continuous positive breakthrough during the day. Once the closing confirms that the breakthrough is effective, it will continue to rise tomorrow and directly approach the lower track of the previous yellow channel. 340 0 line; then going forward, we have to fight for the last key pressure point, the 3500-3452 previous high trend connection line, which roughly corresponds to 3440. Once it breaks through here directly, 3500 will inevitably be unstoppable and move towards 3700; however, there is no need to be too anxious at the moment, be down-to-earth, and overcome the resistance level step by step, but you must try to look far ahead to see more clearly
Gold hourly line level: From the opening to now, it has been rising slowly all the way, with a small negative in the middle, all positive, this kind of pull-up pattern must not be tested for shorts, and during the European session, it also broke through the upper rail resistance level of the 3335 downward channel, and there was a second pull-up in the US session; it just couldn't step back, and even the 10-day moving average didn't give a chance. If you want to step back and follow the long position, there is no chance for the time being, and going long directly seems more radical; you can wait patiently, be bullish, and don't go short; if you can confirm that it is above 3335 today, you can try to follow the bullish trend, and the upper resistance target is 3374
Gold weekly and monthly level: For the monthly level, many people think that the bull market is over when they see the continuous long upper shadow cross K, and they don’t think that it can’t even effectively lose the 5-day moving average, and it is still in a strong stage in the strong stage, and it is also running on the upper track of the upward channel, indicating that the bull market has yet to continue. If it directly pulls up and engulfs the high point of last month this month, a group of bearish people will be wiped out. It has always been emphasized that you should not underestimate the trend of the past two years, and don’t guess the top. This top will reach a height that everyone can’t imagine. Following the bull trend is the right choice. Holding on to the low-level bullish band bottom position in your hand is the happiest moment in the past two years and the most witnessing moment of strength; and the weekly level, as mentioned at the weekend, don’t look at the big negative last week and lose the lower track of the channel. It is also completely possible to directly come back with a big positive this week.
Gold daily level, there has been a continuous positive breakthrough during the day. Once the closing confirms that the breakthrough is effective, it will continue to rise tomorrow and directly approach the lower track of the previous yellow channel. 340 0 line; then going forward, we have to fight for the last key pressure point, the 3500-3452 previous high trend connection line, which roughly corresponds to 3440. Once it breaks through here directly, 3500 will inevitably be unstoppable and move towards 3700; however, there is no need to be too anxious at the moment, be down-to-earth, and overcome the resistance level step by step, but you must try to look far ahead to see more clearly
Gold hourly line level: From the opening to now, it has been rising slowly all the way, with a small negative in the middle, all positive, this kind of pull-up pattern must not be tested for shorts, and during the European session, it also broke through the upper rail resistance level of the 3335 downward channel, and there was a second pull-up in the US session; it just couldn't step back, and even the 10-day moving average didn't give a chance. If you want to step back and follow the long position, there is no chance for the time being, and going long directly seems more radical; you can wait patiently, be bullish, and don't go short; if you can confirm that it is above 3335 today, you can try to follow the bullish trend, and the upper resistance target is 3374
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Gold is rising rapidly and will start to rise next
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.