Continue to be bullish, buy above 2683 today

7 giorni fa

Gold maintains a bullish trend structure intact, and the daily chart continues to close strongly. The price runs along the middle and upper rail channel of the Bollinger Bands, and the MA10/7-day moving average continues to open upward and gradually moves up to 2668/80, and the RSI indicator turns upward above the middle axis. The short-term four-hour moving average system also keeps opening upward, and the price gradually moves up along the high point of the 10-day moving average. The Bollinger Bands keep opening upward and the price runs in the middle and upper rail channel.

There is no change in the technical side, buy at a low price, and the trend is rising. Gold is strong in the Asian session, gold has broken through the previous high point, and gold bulls are better. Gold bulls have broken the shock pattern. Since gold bulls are stronger, then take advantage of the bulls.

Gold's 1-hour moving average has entered the golden cross upward pattern again. After falling last night, gold has bottomed out and rebounded again, and set a new high. Gold fell to 2676 in the US market and then bottomed out and rebounded. The gold moving average support moved up to 2683. Buy on dips above 2683. You can enter the market first when gold falls back to 2685.

First support: 2690, second support: 2683, third support: 2672

First resistance: 2708, second resistance: 2718, third resistance: 2730

Operation ideas:

BUY: 2683-2685

SELL: 2718-2720

7 giorni fa

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BUY: 2700near
SL:2693
TP:2710

7 giorni fa

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