Risk events increased risk avoidance, and gold took advantage of the momentum to break through the surge. Yesterday, it continuously penetrated through 2417 highs and the previous high of 2431 US$2431, setting a new record high to the 2450 mark. Then, gold fell sharply and fell below yesterday.mainbaccaratThe starting point and opening price of the company's, the rapid and huge price fell, making the long-chasing people afraid. The late session closed around 2426. The closing was not weak. The daily line closed at a longer upper shadow line and positive line.
Judging from the main force's washing method, the killing after pulling up at a high speed is to wash away the following trend, and then rebounded again overnight, completely strangling the air chasers. Yesterday, it was suggested that the top of 2431 is much shorter. Once it breaks the 2431 watershed, there is a high probability that it will continue to fall. The recent market is like this. The washing is very clear. The focus is on the entry of points and the fast forward and out in the short term. While bullish, we must be careful not to rush high and fall back. Therefore, we must choose to fall into the pocket at the right opportunity.
Judging from the current trend, gold cannot easily talk about peaking or falling. Yesterday's rush to fall is not continuous. At most, it is an adjustment and correction to the high level. The indicators of the 30-minute and hourly charts in the short cycle have been adjusted in place. The 2406 Asian market low has been reached, so taking more and more short above this is just a short-term idea of multiple orders, and we will not hold for a long time. We will rush high and quickly fall into the pocket. The biggest pain point for the bulls in the near future, because the market cannot stabilize at a higher level. If you don't break the high, you will fall back. Of course, you can't easily short and lay out periodic short positions.
In terms of intraday operations, the gold above 2406 is short, with a loss of 2403. The target is bullish on 20 US dollars. The current gold price is 2412. If it is a little more aggressive, then you can use the 2406 low as the defensive position to be more than 2412 and below. The target is above 15 US dollars. Pay attention to the high and short position below 2450, and the market outlook breaks 2450 and quickly leave the market.
[Risk Warning] According to relevant regulations on foreign exchange management, buying and selling of foreign exchange should be carried out at trading venues specified by the country such as banks. Those who buy and sell foreign exchange privately, buy and sell foreign exchange in disguised form, buy and sell foreign exchange in reverse, or illegally introduce and sell foreign exchange in large amounts shall be subject to administrative penalties by the foreign exchange administration agencies in accordance with the lawmainbaccarat; If the case constitutes a crime, criminal responsibility shall be investigated in accordance with the law.