Focus on gold, which has a long shadow this week and technically has a rebound demand. The support below is around this week's low of 1810. The strong support is still the 1793 line we talked about yesterday. You can go long no matter when it is touched. The upper resistance is near this week's high of 1849. Once the market effectively breaks through 1849, there will be a decent rebound. It is estimated that reaching 1880 will not be a big problem. If 1849 is blocked and falls back, gold will hit the bottom again or fall back. The daily line dropped to 1810 on Friday and recovered, reaching a maximum of around 1835 in the evening, which was still in line with expectations. The daily line closed with a long lower shadow Yang line, and the tendency is to rebound on Monday.
The daily support is near 1820, if it reaches it, you can go long. The hourly support is at 1825, but the low point of the early morning drop is around 1829, which means that if the market strengthens, it will rise first near 1829. The upper target is to first look at the break near 1840 and look at this week's high near 1849, and then choose the direction according to the market trend.
Operation suggestion: Go long near 1829 at the beginning of the week, target 1840-1849.
Yesterday's non-agricultural market, for gold, we were long around 1808, aggressively long around 1812, with the final target around 1836, and then backhand short, basically in place.
Plan ahead for next week's trading. This is the performance of a mature trader. If you have better suggestions, please let me know.
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See my signal, get ready
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Brothers, believe me, it must be right
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See my golden signal and let me know if it fits your trading perspective
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I’m very happy that everyone can adopt my analysis.
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Gold rises at the opening
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have a good weekend
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My analysis will be confirmed soon.
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The big positive line at the bottom has obviously stopped the decline, and the big positive line has soared into the sky. The bottom signal is even more obvious. The K-line is firmly above the 50 moving average, and is ready for a surge.
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Are you ready, brothers?
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Brothers made perfect predictions, gold surged, did you see it? This is strength
