Monday Market Analysis and Signals

מעודכן
Gold is bullish in a strong bullish trend, and the technical structure of the bullish trend remains intact. Gold prices hit a new record high in the Asian session. The news of the geopolitical situation in the fundamental market stimulated the continued rise of gold and silver risk aversion. The intraday correction is mainly low and long, relying on the last correction low of 2713 on Friday to arrange more.

Gold Middle East conflict continues to escalate, gold continues to set new highs in risk aversion, geopolitical risk aversion has added new factors, risk aversion sentiment has risen again, and gold will continue to rise in a wave after the decline. Gold bulls are in high spirits and are getting more and more crazy. After the last madness, we must pay attention to the profit of bulls. Now don't chase gold easily after it has risen quickly.

Gold has set new highs in 1 hour, and the important turning point support below gold is 2696, and the moving average support has also moved up to around 2713. The support below is strong. Continue to buy on dips above 2713, and wait for a fall back to around 2713. Gold risk aversion will rise again. In the case of risk aversion, gold will have the last madness!

Trading strategy:
Wait for a pullback to go long near the support of 2713. Pay attention to the callback near 2750 above
עסקה פעילה
Be patient and wait for key position trades
עסקה פעילה
Gold fell to 2714 and began to rebound above $10. My free analysis tells you to focus on 2713 support to be long.
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