Gold short-term analysis; The recent fluctuations of 1-200 US dollars have greatly increased the difficulty of trading for retail investors. It seems that there are many opportunities in a day, but in fact, the big market mainly appears in a few times. If you can't keep up in time, you can only watch the price jump up and down. The most feared thing is not to keep up with the market, but the price returns to the same point, but the principal is gradually reduced.
The gold four-hour line starts to exert force from above the moving average, directly breaks through the support line, and the big negative line directly crushes it. The moving average has a clear downward turn, and the bulls' dream is directly shattered. At present, the big negative line continues to explore, and the high point is also constantly falling. It is also an obvious head and shoulders top pattern. The upper resistance levels are 3330 and 3345, which are also the positions for short entry.
The gold four-hour line starts to exert force from above the moving average, directly breaks through the support line, and the big negative line directly crushes it. The moving average has a clear downward turn, and the bulls' dream is directly shattered. At present, the big negative line continues to explore, and the high point is also constantly falling. It is also an obvious head and shoulders top pattern. The upper resistance levels are 3330 and 3345, which are also the positions for short entry.
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As I predicted, the huge profits require patience! When the market presents obvious opportunities, we should grab these profits like crazy!t.me/+k7xfL3pr5-83Yzg0
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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.