12.4 Gold today overall range sweep

Zaktualizowano
On Tuesday, the price first dropped to 2634-2633 in the morning, and the support was confirmed in the afternoon, and it was pulled up to 2650 area.

Then, the first bottoming out and rebounding action has been made. Next, under the condition of keeping low, we can look at the second continued upward action, and then break through and stand firmly on the large channel, and then look at the third acceleration to complete the pull-up of 30 US dollars in space

The four-hour pattern continues to show a narrowing situation, waiting for the subsequent breakthrough opening to guide a wave of unilateral volume

The closing range of the shape, the upper rail is 2666-2664, and the lower rail is 2620-2622

The position of the large channel line is close to the upper rail pressure 2652-2653. The support in the same area expands the sweeping space upward. Today's early trading squats back to hold the lower rail support

It can break through and stand firmly along the large channel line 2652-2653, and switch upwards. The next channel upper rail position focuses on the 2676-2678 area

BUY: 2635————2640 Stop loss: 2645————50
Target: 2660 2665
Zlecenie aktywne
snapshot

On the 1-hour chart, gold is at a low level with a long upper shadow and a large pull behind
Transakcja zamknięta: osiągnięto wyznaczony cel
As we expected, gold is gradually getting back on track
Chart PatternsgoldintradaygoldlonggoldlongsetupgoldmansachsgoldminersgoldpredictiongoldpreisgoldpriceTechnical IndicatorsTrend Analysis

Senior Financial Analyst Main expertise: Analysis of financial products such as gold, US dollar, digital currency, etc. Telegram link: t.me/+43sO_tENBOswYWMx
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