The latest gold trading strategies

Gold chose the direction again after the shock adjustment, although the current market volatility is not large, but there has been a clear weak trend.

The downward exploration of the white candlestick shadow in the early stage of the daily structure indicates that the market has a certain resistance to decline, but the rebound height of the white line is still limited by the suppression area. After the second correction of the market, the market still has downward expectations. The current environment is still a trend of weak retreat at high levels, and it is necessary to prevent the rebound from intensifying, followed by the retreat after the high level is blocked. In general, the black candlestick at the high level fluctuates more in the short term, mainly looking at the downward trend, and the expectation of a rebound at the low level needs to be more cautious. On the whole, the short-term operation idea of gold in the future market recommends rebound short-term, the upper short-term focus on the 1930-1935 line of resistance, the lower short-term focus on the 1910-1900 support.

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Be patient and wait for good trading opportunities

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The 1910 area looks at the strength of the rebound first