Gold in1265A double bottom pattern has formed near the US dollar for a short period of time, while gold is testing the upper edge of its downward wedge. If it can break through the current key pressure, it is expected that gold will experience further gains. Although previously30Daily moving average and100The daily moving average has formed a dead cross, but currently30The daily moving average trend is beginning to flatten, indicating that a direction choice will be made100Daily moving average and200The daily moving average will form a golden cross, so in the medium term, gold is still generally on the rise. If gold remains stable in the near future1285Above the US dollar, material gold stands1292There is a high possibility and subsequent testing will be conducted100Mean Square and200Intersection point of moving averages1297Near the US dollar, standing at this point at any time will test1300The integer level of the US dollar, pay attention to the position above it1309The US dollar. Follow below1280USD1275USD and1266The US dollar is expected to provide strong support as these several trading points are intensive in the early stage. Overall, Li Wendianjin's personal suggestion for today's operational strategy is that it may be adjusted upwards based on the morning market1290-1292The interval has fallen, so pay close attention to it from above1290-1292Frontline resistance, short-term focus below1276-1278Frontline support
Reference suggestions for gold operations:
1Gold rebound1289-1291Short on the front line, stop loss4USD, target1284-1240nearby