Hao Chengbin:9.11Gold continues to grow1950How to make a decision on the lower oscillation

    From a technical perspective, yesterday ended with a bearish cross and peaked in the short term, and today the price has been consistently in the early stagesgoldUpward trend line1950Below, this will bring great pressure to the rebound of gold prices, so we need to continue to closely monitor the probing situation on this front line. From the hourly chart, it can be seen that after breaking through the short-term range of fluctuations, the gold price has once again fallen within it, indicating that due to the influence of data, the bullish trend is not stable. Currently, the price has returned to normal and we can continue to observe range fluctuations. Attached indicatorsMACDOn the one hand, due to the rapid rise last night, there was a serious divergence from the top, which also increased the probability of short-term price decline today. Please pay attention to the downward trend below1938Nearby support, above focus on the middle rail1948-50Location: It is recommended to participate from a high altitude during daytime operations.


    4Hourly starKAfter the consolidation of the line, the single positive inertia surged and then the double negative line rebounded, almost reversing yesterday's upward space,KThe unilateral continuation of the line display is insufficient, combined with the downward trend of the daily line and the suppression of the short-term trend lineKThe line shape begins to bear pressure. Short term intraday first1966Choose an empty time below. The small cycle moving average indicators are disorganized, and the weekly closing work remains unchanged in its volatile style. Structurally inclined to oscillate downwards. Suggest rebounding in strategic operations1945-48The region can follow up on empty orders again. Let's take a look below38Area, break through can continue to look below1933First line, then observe whether to participate in long trades based on the intraday trend.


    If you are unable to grasp the timing of entry or have friends who need to lock the warehouse and set orders, you can contact the author, Teacher Hao Chengbin. (Guide WeChat)hyds0002  Official account: Cheng Bin Lunjin)


    The above article was written by Hao Chengbin. If reprinted, please indicate the source. The article has a lag, and due to the delayed nature of online publishing, the intraday market is volatile. Readers are advised for reference only.
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