Through the analysis of automatic trend lines and trend charts, we know that gold has rebounded from the 2499 line below in the early trading. It is still a little short of the first support level below. The short-term 2508 line has become the critical point between long and short positions. The short-term upper 2518 line is the first pressure level. In the short term, it will continue to fluctuate and consolidate in this 20 US dollar space. In terms of operation, we continue to focus on buying on dips with the idea of high-altitude and low-multiple.
Short gold at 2518, stop loss at 2526, take profit at 2500;
Long gold at 2498, stop loss at 2490, take profit at 2513.
What are your different views on gold? Welcome to like and comment
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This analysis recommendation is only used as a short-term reference
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Perfect prediction, short-term operation
Small profit of 2K
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Scalping trading currently has two profitable orders
Senior gold analyst who has been engaged in gold, US dollar, and oil trading for 12 years. Join me and I will lead my team to help you become a professional trader and expand your assets.
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