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Ink bamboo speaks of gold

https://www.forexbbs.net/?23635

Mo Zhu: The golden bull's life hangs on the line,1900Strong segmentation trend in major levels!

already existing 397 Secondary Reading2020-10-23 18:05 |Personal classification:gold

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Don't linger on the missed scenery, don't entangle the departing passersby, bravely wave goodbye to the past, in order to meet the future as soon as possible.[/b][size=3][color=#1d1d1d]The reason why pebbles are pinched and played with is because they have no edges, but[/color][/size][b]Life polishes us into a more rounded shape, sometimes to make us go further~[/b][/b][/size]

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[b]In the white market stage, the gold price maintained a range correction, which failed to trigger sustained inflows from bulls.[/b]It is worth mentioning that the rise of the US dollar in the Asian session did not trigger a short selling of gold, which has driven demand for gold in the European session,[b]Due to the decline of the US dollar, a buying inflow of precious metals was triggered, causing gold prices to approach the time of writing1910The US dollar barrier.[/b]
However, with the bullish influx of gold prices,[b]Currently, close attention needs to be paid to whether it can gradually stabilize during the stage1910as well as1920The pressure on the US dollar level is particularly important for the breakthrough of future gold prices.[/b]If the gold price can gradually stabilize and recover within the day, and there is no short selling, the probability of unilateral long selling in the future operation of gold will gradually increase.
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[b]Amidst the recent round of stimulus bills, market sentiment has been volatile, and empty hopes have been poured with cold water,[/b]Fully suppressed the operation of market sentiment.[b]However, let me take a look at the stimulus bill. There is no doubt that it will be beneficial for gold, as even if it cannot be achieved before the election, which puts short-term pressure on gold, the market will still be affected by the implementation of the stimulus bill after the election and start emotional buying.[/b]
And Speaker of the United States House of Representatives Pelosi has also been insisting that,[b]She and Nuqin are close to reaching an agreement on the key aspects of virus testing and contact tracking, and the stimulus bill can be quickly finalized, which gives gold bulls some impetus. But since the beginning of this week, the market has believed one after another48The agreement was reached within hours, but the market did not see any results,[/b]Naturally, the safe haven sentiment of gold prices subsided last night.
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However, even if facing the fluctuating state of gold prices, from a technical perspective,[b]The daily level correction is approaching the end,MACDThe bullish volume of the indicator is already near the zero axis. If it can receive bullish push, the continuation phase will start a daily positive streak. And the daily line operates above the middle track of the Bollinger Belt,[/b]This proves that bulls are still in a strong stage at present.
At present, there is no short-term correction link for gold prices,[b]Only after the current stage of continuous long rise and the end of the future market can the layout of a small cycle be started.[/b]Therefore, what I am currently more concerned about is whether the gold price can maintain a strong situation and stabilize at1900Above is sufficient.[b]If the daily line is restricted to underpass1900Gold Duotou Cold Half Cut~[/b]
[b]In terms of evening participation[/b],[b]Considering that the gold price has already arrived1910Near the US dollar level, so it is not expected that a pullback will break through1900US dollar level, participation means attention1904The support of the US dollar level is sufficient, and a small stop loss can be used to intervene in multiple gold orders to see the stability of gold prices1910, towards1920Moving towards the US dollar level, achieving a breakthrough in trend! When the trend arrives, pay attention1960as well as1990The US dollar level is sufficient!
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