Gold is blocked in the short term, focusing on the strong resist
Through the analysis of the golden hourly chart, we know that the market is still in a weak rebound from the early trading so far, and has not recovered the lost ground. The short-term upper No. 1 pressure level is the first pressure level. We can clearly see from the attached picture below that although There are short-term bottom-buying funds below the warehouse. At present, the speed of fund outflow has slowed down relatively. It has not yet formed a resonance rise. As I predicted in the morning, the main bull funds need to exchange time for space. Once the short-term and medium-term funds are aligned. It will add the pressure to focus on the No. 2 platform in the short term, and we will continue to operate at high altitudes and low volumes. The specific suggestions are as follows:
Gold 1985 and 1972 are long respectively, with a stop loss of 7 dollars and a stop profit of 20 dollars;
Gold 2022 and 2042 are short respectively, with a stop loss of 7 US dollars and a stop profit of 15 US dollars.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
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