XAUUSD:Trading advice for the day

21 thg 6, 2023

Gold turned from a strong shock to a weak shock on Tuesday, a wave of decline to 1930, but did not break a new low, nor did there appear a unilateral extremely weak decline pattern, so to say that Wednesday continues to be bearish, but only look at the previous low, 1930 or 1925 low, not optimistic about Wednesday out of the plunge space. There is no news today, continue to look at the short-term accumulation of the technical side. From the plate point of view, although the daily line closed at the high level three consecutive negative, and broke the Bollinger middle band, but the daily Bollinger temporarily did not open, the low did not break, so, there is no extremely weak unilateral trend, if today's daily close sun, the rebound stands above the Bollinger middle band, then, this trend can form a sweeping shock similar to the previous two weeks a day, therefore, this trend has to be prevented

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