Will gold continue to rise?
Actualizado
https://www.tradingview.com/x/WpLoyIwz/
First, the gold daily level: From the current pattern, on the one hand, the price broke through the previous historical high of 2432, on the other hand, the 5-day moving average continued to rise, which is a strong unilateral continuation, because it is not a continuous positive, but a two-positive and one-negative pattern; therefore, today may be closed with a small negative cycle, and the next day or two will continue to be a positive unilateral attack, the key support point is still the 5-day moving average, moving up to 2400, today this position continues to be bullish, this week there is hope to hit 2460-2470
Second, the gold hourly level Special: Today's Asian session fell, and the European session was in a range of consolidation; from the figure, we can see that the short-term upper track is suppressed below 2425, and the short-term support is above 2409; before 2425 is broken and stood above, there may be another wave of declines and then stabilized and pulled up. At that time, pay attention to the support of 2409 and the stabilization of the first-line support of 2400; on the contrary, if 2425 breaks through and stands above in advance, it will all be washed back today, engulfing the decline in the Asian session, impacting 2432-2433, and even continuing to break through 2440-2450;
First, the gold daily level: From the current pattern, on the one hand, the price broke through the previous historical high of 2432, on the other hand, the 5-day moving average continued to rise, which is a strong unilateral continuation, because it is not a continuous positive, but a two-positive and one-negative pattern; therefore, today may be closed with a small negative cycle, and the next day or two will continue to be a positive unilateral attack, the key support point is still the 5-day moving average, moving up to 2400, today this position continues to be bullish, this week there is hope to hit 2460-2470
Second, the gold hourly level Special: Today's Asian session fell, and the European session was in a range of consolidation; from the figure, we can see that the short-term upper track is suppressed below 2425, and the short-term support is above 2409; before 2425 is broken and stood above, there may be another wave of declines and then stabilized and pulled up. At that time, pay attention to the support of 2409 and the stabilization of the first-line support of 2400; on the contrary, if 2425 breaks through and stands above in advance, it will all be washed back today, engulfing the decline in the Asian session, impacting 2432-2433, and even continuing to break through 2440-2450;
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