Gold bottom appears, long signal is turned on
Through the analysis of the 4-hour chart of gold, we know that gold continued to rebound slightly from the early trading and was blocked at the 1989 line and fell back. It stopped falling at the 1981 line below and is about to reach the 1989 line above again. We can clearly see from the attached picture below. Seeing that the desperate counterattack signal has appeared again, the last wave of desperate counterattack signal was the 1930 line, and the market rose to the target level of 2140 in one breath. In the short term, we will continue to think of high altitude, low and long, and focus on going long on dips.
The specific operations are as follows:
Gold 1998 and 2035 are short respectively, the stop loss is 7 US dollars each, and the take profit is 15 US dollars each;
Gold 1976 and 1966 are long respectively, with stop loss of US$7 each and take profit of US$20 each.
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