12.24 Gold operation and market trend guidance

أول أمس

🎈Gold did not continue the previous rebound trend yesterday, and did not continue to rise. It rebounded and fell as we expected. It began to retreat after touching 2633, and stopped correcting after touching the lowest level of 2607 in the US market. It rebounded again in the Asian morning session and retreated after touching 2621 in the European session. It was also affected by holidays. The short-term volatility was also relatively cold, and there was no great willingness to break through. In addition, the market will be closed for Christmas tomorrow, so today's volatility may not be very large. Although the current daily line is still above the 5-day line, yesterday's negative line retreat also increased the market's short-selling enthusiasm. It is very likely to continue to retreat under pressure in the short term.🔴

🎈Judging from the 4-hour analysis, the key support below is the 2600 integer mark. If you step back to test the low and stabilize this position during the day, you can go long first and then see the rebound. The short-term pressure above is focused on the vicinity of 2633-2638. Overall, rely on this range to maintain high short positions and low low positions. , the main tone of cyclical participation remains unchanged, cautiously pursue orders in the middle position, and wait patiently for key points to enter the market.🔴

Gold operation strategy:

1. Short sell gold when it rebounds to 2638-2642, stop loss at 2651, target at 2588-2593;

2. Buy gold when it falls back to 2586-2593, stop loss at 2575, target at 2630-35;

أول أمس

تم فتح الصفقة

🎈Currently, spot gold is trading sideways at a high level, and the current price is 2617 US dollars/ounce. The support and pressure levels are high selling short and low buying long. The pressure level is 2633 and the support level is 2600. On Monday, gold opened at a low level in the Asian morning, and tested the support of the 2608 area. On Tuesday, it opened again in the 2613 area, indicating that the support below is strong. The support area is still bullish. Focus on the upper 2626 and 2633 points. The retracement is also expected. Without the retracement, the bulls can't go far. Due to the Christmas holiday, the bulls have no strength during the day and return to the range of shocks.🔴
🎈There are two scenarios for tomorrow's opening:
The first scenario is that the Asian morning session directly jumps up and opens above 2620, and then rises sharply in the morning session, breaking through 2626 and then trading sideways in the 2633 area. The European session exerts force again, directly breaking through 2633, and continues to rise to 2642. After the US session retests around 2633, the bulls exert force three times to directly probe above 2650. In terms of operation, hold the long orders in hand, break through 2626 and 2633 tomorrow and continue to go long. The first time it touches 2642, go short, and look at 2635-33. The US session retests around 2633 and directly goes long again, looking above 2650!🔴
🎈In the second case, the Asian market opened at a normal high in early trading. After a small retest of the 2613 area in the morning, it rose directly to the 2642 area in the early trading. The European market fluctuated and consolidated above 2633. The bulls in the US market made a second effort and broke through the 2650 area again.🔴

🎈Gold strategy:
Go long when gold retests near 2613, target 2642, 2650, 2664; go short if 2642, 2650, 2664 are given for the first time; go long in batches if 2610, 2607, 2601 are given; more real-time layout is subject to the actual market;🔴

🎈The difference between these two situations is whether it opens with a gap or opens at a normal high, which determines the strength of the bulls and how far they can go. If it opens with a gap, the strength of the bulls basically stops at the 2650 area, and if it opens at a normal high, the expected limit of the bulls can be seen in the 2670 area!🔴