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market analysis

Gold, reversal or rebound!

Wonderful introduction:

Let your sorrows be full of worries, and you can't sleep, and you can't sleep. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?

Hello everyone, today XM Forex will bring you "[XM Forex]: Gold, Reversal or Rebound!". Hope it will be helpful to you! The original content is as follows:

One thought of heaven, one thought of hell.

In the morning, everyone was worried about the retracement, and the rebound and rise at night made everyone scared.

The bottom broke and continued in the morning, but after the European session rebounded, it continued to rise.

This is the current gold market, which can fluctuate for one year in one day, and after April, it is basically the case.

In fact, this is a problem with a large base. It has been emphasized many times that Bitcoin has been post-8,000, and the fluctuations are eouu.cnpletely different from before. It is simple to spend $1,000 at any time. Look at gold. After 3,000, it is basically the same, and it costs 100 US dollars at every turn, which is very simple.

One is that the activity level is significantly higher, and the other is that the volatility is greater.

At this time, risks and opportunities coexist, and profits are obtained faster if they do well. Of course, if they do poorly, the probability of losses is higher.

Good morning, you in front of the screen have two sides in everything, it just depends on which side you are on, which side you meet, and what kind of mood you treat. This is very important.

In terms of gold, there have been too many cycles recently, whether it is time, form, or the continuation of trends.

Yesterday we posted a post using a decline and question mark, which was bearish, but we were afraid that the daily line would be discontinuous, and there would be small crosses or something, but we couldn't see so much at all. As a result, the Changyang rose by 130 US dollars.

1, emphasizing the 3131 line, which is the 382 position since the rise of 2536. It can be shorter points. When you enter, you feel that the decline is bottomless and it is difficult to rebound. Now you miss a lot.

2, the morning cycle goes down.

3, the morning fell below the previous day's low, rebounded for a second short time, and the price continued to be the largest 3221 front line.

4. The second rebound in the afternoon can be short. This took 5 minutes to retreat at a high point, but it also emphasized that in the time cycle, the fall in the morning, the European market fluctuated, and the US market retraceed before the market. So this second time will definitely be empty.

5, 618 position 3165, this is the last short point of the day's decline rebound yesterday, fluctuating by 618. Even if the European session fluctuates, the 618 position will be short, and the defensive position will open a drop in the morning, and the breaking position will end.

6, the US rose 6-8 points before the trading session, breaking the cycle of retracement.

7. The mantra emphasizes that the rebound in a big drop is relatively large. It is better to do it in 618, but at the same time, when rising 6-8 points, the US market will first quickly retreat, look at bottom and rebound. If it continues to rise, look at high and fall.

And yesterday it continued to rise, and regret did not fall at all, and the US market will fail if it takes a break.

8, strong in the early morning, breaking the pace of weakness in the early morning.

The daily line closed with a big positive market. This morning, the hourly line has been positive all the way and resisted the decline. Even if you look at the cycle decline in the morning, you don’t have the courage to lose your short position.

But the price still went through a loop pullback.

Today, watching dramas is more important than operation.

1, the morning cycle is falling, there is no operational pattern.

2, the retracement did not touch the 3121-3250 rise and retracement 382 position 3202 line, the slightly differential rebounded, and the first wave of rise ended.

3. In terms of current prices, long and short are not suitable, especially after a big drop, which disrupts all patterns.

4. Look at the trend of the European session, whether it will continue to fall or continue to rebound, the US session is following.

5. After a big drop and big rise, it will definitely fluctuate, especially now that the European and American markets have been fluctuating. This is more precise. It just means that the direction of the oscillation bias needs guidance for the European market.

6, don’t panic, there are too many opportunities for price fluctuations now, so if you don’t understand, take a break.

7. The tariffs of the United States and Japan have not yet been implemented, but will follow up. This increase is still a wash-up, not a good structure!

[The above only represents the author's personal views and opinions. Investment is risky, so be cautious when entering the market]

The above content is all about "[XM Forex]: Gold, reversal or rebound!". It was carefully eouu.cnpiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!

In fact, responsibility is not helpless, it is not boring, it is as gorgeous as a rainbow. It is this colorful responsibility that has created a better life for us today. I will try my best to organize the article.

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Trusted by over 15 Million Traders

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Easy Access to 1,400+ Global Assets

market analysis

Gold, reversal or rebound!

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XM Forex Trading Platform

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The Most Awarded Broker
for a Reason