Guide Metallographer:11.8Today's gold trend analysis, gold1683Pressure bearing, adjustment empty

TodaygoldData:


　　15:45France9Monthly trade account


　　16:15Swiss Central Bank Governor Jordan delivers a speech


　　18:00eurozone9Monthly retail sales rate


　　19:00U.S.A10monthNFIBSmall Business Confidence Index


The golden four hour line has a clear double top shape, whilekThe line is also filling the gap as scheduled, and the overnight gold price is1683There should be a strong resistance level nearby, but they have not been able to break out of this shackle and continue to be pressed against the floor for friction. At the same time, the moving average starts to move slightly, showing signs of downward bending, empty,1683Empty as the main focus


The top shape of the hour line is more obvious, and the moving average has already moved downwards, with the two moving averages clearly showing a dead cross downward,kThe line is directly stepped on to run,kThe line can only breathe heavily, and the overnight gold closing price is also at1683Below the resistance level, this is a clear lack of power among bulls, and emptiness is inevitable


Operational strategy: Gold1683Empty, stop loss1690, Objective1655


Disclaimer: The above is purely for personal investment sharing and does not constitute an actual entry point. We are responsible for our own profits and losses