Gold made a free fall movement overnight again, and the big negative line directly broke the low point on Thursday. This trend with basically no rebound is still empty. At the same time, it is close to the 1638 line. The high altitude is inevitable. Last night, the gold was still mostly empty. It was clear that the 1660 line can be empty. The market also gave me enough face. The gold price rebounded to this position as scheduled. I naturally entered the market without bloodshed and entered the market directly. The big negative line reached around 1642.
For trend trading , I will definitely do it to the end. Unless there is a clear signal of reversal, I will enter the market with the trend and run the whole process, especially On Thursday, at the high level of 1676, all the big negative lines reached the 1745 line
. The current k line is still short, and the bottom is basically empty. The continuous large negative line smashes the support level, and the resistance level is obviously moving downward, from 1670 to 1660 and then to 1650. This is a clear downward slope. The 50 moving average and 30 moving average follow the downward, and there is no possibility of turning around. The moving average remains intact dead cross . The double line suppresses the k line, and the k line is directly stepped on the feet to rub, empty, 1650 pressure-bearing air
Operation strategy: gold 1650 short, stop loss 1660, target 1622