buy2721near SL2718
buy2714bear SL2711
Gold technical analysis daily resistance 2750, support 2685 below the four-hour resistance 2733, support below 2721-14
Gold Operation Recommendation: After the opening on Monday, gold did not fall too much and continued to rise steadily, so the downward correction in gold will not be too big. If the correction is too large, it means gold's rally is over. If gold prices fall slightly, it can stay long. Gold's hourly moving average continues to diverge upward. On Friday night, the gold price fell back several times to 2613 points and began to recover. Gold bulls continued to strengthen, and gold retreated to continue to be long.
From the current market trend, today's concern is the support below 2721-14, and the upper level is still concerned about the suppression of 2750. Gold is still in a long arrangement, the daily line has also formed a long arrangement, and the moving average system is also relatively perfect. Today we can choose to short below 2750 and follow the market if it falls. The support below the daily line moves upward to 2685-2700 and waits patiently for the key point to enter the market.
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