Gold - Trend analysis and trading advice!

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Gold market trend analysis:

Gold technical analysis: Gold has recently shown a unilateral rise pattern, breaking through the 2600 mark, and constantly refreshing historical highs. At present, the highest reached near 2685 has stalled, and there has been a sharp decline, and fell to near 2643 at the end of last week, a drop of more than 30 points. Unfortunately, the final end still returned to the 2660 mark, the bulls are still unwilling. Gold has rebounded, but gold is still in the process of shock down, gold rebound is to give the opportunity to empty, gold price 2663 direct empty!

Gold 1 hour moving average began to have signs of turning head, if the 1 hour moving average began to diverge downward, then gold will continue to open the downward space, gold 1 hour short line or under the downward trend line suppression, the downward trend suppression in the 2667 line, the morning 2667 is a high to give the opportunity to empty, the current price 2663 can be empty first. In summary, today's gold short-term operation ideas suggest that the rebound is mainly short, the callback is supplemented by more, the short-term focus on the resistance of 2665-2667 above, and the short-term focus on the support of 2620-2622 below

Gold operation strategy reference:

Strategy one: Gold rebound near 2663-2665 batch short (buy down) two-tenth position, stop loss of 6 points, target near 2645-2635, break the 2625 line;

Strategy two: Gold call back near 2622-2625 batch long (buy up) two-tenth position, stop loss of 6 points, target near 2635-2645, break to see 2655 line
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