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6.23 Gold Short-term Technical Analysis

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Stimulated by geopolitical conflicts such as the US airstrike on Iran's nuclear facilities on Monday, gold opened $24 higher at 3398 in the early trading. However, it failed to continue the upward trend and quickly fell back to the 3360-65 area. Retrieve all the gains!

Technical analysis: 4-hour head and shoulders top pattern: right shoulder 3373 neckline 3340 MACD dead cross diverges downward Bollinger band opening expansion and price running near the lower track, short-term trend is bearish, and the daily line is still in the rising channel!

Short-term operation:

SELL: 3375\3385 Stop loss: 3390
$1:3360 $2:3340

BUY: 3338\3345 Stop loss: 3353

$1:3380 $2:3400

Operation suggestion: High-altitude is the main, low-multiple is the radiation
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The first target position has been perfectly harvested, with a profit point of 30 points

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