Technical analysis: from the perspective of H4, the gold price breaks through the middle rail of the Bollinger belt, and at the same time, the Bolin belt forms a shrinking shape. Once the contraction is formed, the probability of subsequent gold rising is very high, supporting 1695 below, the first pressure level 1725 above, and the second pressure position 1735. During the day, focus on gold price breaking through 1715, and then start the upward trend. Trading suggestions:
1, gold price breaks through 1715, trading buy order, otherwise sell order
2, The gold price cannot exceed 1725, trade the sell order, otherwise the buy order
3, the gold price trades the buy order at 1695
1, gold price breaks through 1715, trading buy order, otherwise sell order
2, The gold price cannot exceed 1725, trade the sell order, otherwise the buy order
3, the gold price trades the buy order at 1695
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Gold Analysis
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