Gold Trend Analysis and Free Signals

1月2日

Don't chase the rebound high easily now. Continue to short the Asian session rebound. The 4-hour moving average of gold is still in a downward dead cross. The resistance of the gold moving average has now moved down to around 2645. As long as gold does not break through the upper resistance of the shock, it will continue to be short. Gold has been under pressure near 2640 and has fallen back many times. If there is no strong breakthrough above 2640, gold may still be blocked and fall back.

First support: 2620, second support: 2613, third support: 2605

First resistance: 2638, second resistance: 2645, third resistance: 2653

Trading strategy:
BUY: 2619-2617

SELL: 2638-2640

1月2日

交易手动结束

Gold is currently strong, breaking through many resistances continuously during the day, and the upper pressure has been completely swallowed up. Gold has opened up a larger upward space!

In the short term, at least 2650 or even higher can be seen, and the idea will be adjusted to buy on dips in the later period!
The short-term market pattern fluctuates upward. The gold price reaches the 2639 pressure level during the day and is under selling pressure, showing the expected decline trend, but the market remains strong. The bulls took the 2639 mark in one fell swoop and further pulled it up!

The pressure of the breakthrough also turned into a support point for later layout reference!
The gold price in the NY market fell back and touched above 2630, and went long directly!
The short-term target is above 2650!

BUY: 2635-2633