Gold hit a new peak as scheduled in early trading today, breaking a new wave of highs. However, during the early trading period, it is not advisable to chase higher and rise20USD, short-term adjustment required, support position below1748frontline,1740一线,这是典型的逼空上涨,所有仓单以回调作为主。
Technically, daily chart gold will continue to maintain a bullish trend, or may further rise! The short cycle four hour chart forms a unilateral strong positive upward trend, and the moving average system maintains an upward movement, causing gold prices to extend5The daily moving average is rising, and the price of the Bollinger Line is extended to the upper track,RSIThe indicator is currently in the80Value, generally reaching80Above the numerical value, it is considered overbought, so do not chase up trades and take care of the risk of gold price pullback! Today's operation is still in line with the trend, with the layout of a lower level unchanged. Today, we will continue to break through high levels during the morning session, and it is recommended to retreat within the day1748/1745Continue to intervene low and high after regional stabilization (if it falls below)40Don't go long anymore) Follow above1760、1765After reaching the high point target, choose an opportunity to participate in short selling.