Yesterday, the gold market opened at 2621.6 in the morning, then the market rose slightly to 2131.6, and then the market fell rapidly. The daily line reached a low of 2613, then the market rose, and the daily line reached a historical high of 2635.2, and then the market consolidated. The daily line finally closed at 2628.2, and the daily line closed with a spindle pattern with equal upper and lower shadows. After such a pattern ended, today's market still has bullish demand. In terms of points, the long positions of 1996 and 2028 below are followed by stop loss at 2350. After the long positions of 2601 were reduced last Friday, the stop loss was followed by 2601.

Today's market operation:

2615 long stop loss 2609, target 2635
2640 short stop loss 2645 target 2620
Uwaga
As expected, gold is breaking out to new all-time highs
Chart PatternsgoldintradaygoldlonggoldmansachsgoldminersgoldpredictiongoldpreisgoldpricegoldsellgoldtradingstrategyTechnical IndicatorsTrend Analysis

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.
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