Today's gold forecast is 1882~1897, sell high and buy low

On Monday, the Asian market fluctuated greatly. From the perspective of the gold trend structure, the intraday is weak and volatile. It basically runs above 1885. It broke through the 1885 line in the morning and quickly rebounded to the 1894 line to fall back and fluctuate. Judging from this trend, the upward momentum of bulls is still not good, and the overall trend is more biased towards bears. At present, there is still a large downside space below, and the 1870 gap has not been filled, so we still have to be biased in terms of operations. Long orders can only enter the market by grasping the rebound. Now that gold has been in a downward trend for two consecutive weeks, if you want to reverse the bulls, you need the help of the data. Otherwise, bears will continue to suppress bulls. It is very simple to say so much, whether you are long or short, you should change your thinking when it is time to change your thinking, and don't be confused by superficial phenomena, so that you can see clearly the changes in the overall situation.


​Back to the topic, gold continues to operate weakly. Although the market has given the bulls a rebound in the morning, it is still difficult for the bulls to gain a firm foothold under the overall bearish trend. Therefore, the operation idea is still based on shorting.

Today, let's look at the top 1897-1900, and rise to this range to find a high point and enter the market to open short.

SELL1897~1900
SL1905
TP1885

European and American markets fell below 1882-1878, you can participate in long positions
BUY1882~1878
SL1875
TP1890

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