8.2 Analysis of gold trend operation

Od David_strategy
After hitting the peak of 2530 on the 20th, gold fluctuated at a high level and finally quickly pulled back. Currently, it is 2505 points.

Yesterday, gold failed to hit 2530 several times. The last time it hit 30, it quickly fell back. This also shows that the bulls may continue to hit the high point after the pullback.

The key downward support point is 2500. If it falls below 2500, look at 2490 / 2480 below.

Resistance points are 2520, 2530, and 2550.

What do you think about gold? Welcome to like and comment.
Komentarz
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Komentarz
According to the 4-hour candle trend, 2500 will be a perfect entry point
Komentarz
Bulls lack motivation and entry conditions have not yet been met
Chart PatternsgoldintradaygoldinvestinggoldlonggoldlongsetupgoldlongtermgoldpredictiongoldpreisgoldpricegoldtradingstrategyTechnical IndicatorsTrend Analysis
David_strategy
Senior gold analyst who has been engaged in gold, US dollar, and oil trading for 12 years. Join me and I will lead my team to help you become a professional trader and expand your assets.
t.me/divedgold123

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