Gold, 7/3 Today's Strategy
Gold last week down and back up, and then hit a new low of 1893 a line, the end of the week slowly rebounded back up to recover some of the lost ground, back to running within the range, while recovering the thousand nine mark. Weekly closing small negative cross K-line. Local oscillation correction among. Daily double-positive rebound. Slightly stopped the correction. The current rebound as a correction rather than a reversal, after the dollar local pressure to gold prices to provide some support. This week opened in the range of neutral values, the beginning of the week first look at the oscillation correction.
h4 hourly chart dip back up cross line after receiving a large positive rebound. Short-term downside slowdown, but temporarily still in the downside steps, but the rebound space is slightly larger, making the short term to break the weakness re-enter the oscillatory tug of war. k-line structure, previously in 1893-1900 horizontal consolidation to start stability, the big positive line pulled up to reconfirm the resistance. The first two transactions at the beginning of the week focus on the confirmation of the range, short-term operations card range high short low, below the support 1910-1905 above the resistance 1930-1938. put the operation time point to the European market.
h4 hourly chart dip back up cross line after receiving a large positive rebound. Short-term downside slowdown, but temporarily still in the downside steps, but the rebound space is slightly larger, making the short term to break the weakness re-enter the oscillatory tug of war. k-line structure, previously in 1893-1900 horizontal consolidation to start stability, the big positive line pulled up to reconfirm the resistance. The first two transactions at the beginning of the week focus on the confirmation of the range, short-term operations card range high short low, below the support 1910-1905 above the resistance 1930-1938. put the operation time point to the European market.
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