Judging from the daily chart of spot gold, the price of gold fell sharply last Friday, with a large entity negative K-line shape, the double lines of the MACD indicator continue to maintain the dead cross operation process, and the three lines of the KDJ indicator have reached the oversold zone, which requires adjustment. , so we need to pay attention to whether the pressure of the MA5 moving average above can continue to take effect.
Judging from the 4-hour chart of spot gold, after a round of decline last Friday, the downward trend has continued further. At present, the gold price has fallen below the 1940 first-line mark and the upper head pattern is more obvious. It is recommended to continue to sell on highs in the short term. As for the short-term market outlook, the following focuses on the support effect of the 1910-1915 range.
Pressure: 1944-1950-1960
Support: 1932-1920-1910
Today’s spot gold market operation suggestions:
Short selling in the 1942-1943 range, target 1938-1933, risk control $3.
Go long in the 1931-1932 range, target 1936-1941, and risk control at $3.
Go long if it breaks above 1948, target 1952-1956, risk control is $3.
Go short if it falls below 1928, target 1924-1920, risk control is $3.
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
Trade attivo
