Ausforex9.12 Gold Market Trend Analysis and Operation Strategy

Gold fluctuated slightly again yesterday, holding steady the 1915 support rebound and stopping after reaching the 1930 line to start the retracement. The lowest reached the 1920 line, but it still failed to break a new low. Therefore, gold in the short term is still fluctuating between communities, and profits are accumulated around the short-term run.

　　Monday did not go out of the range, in the case of a small market, the basic market on Tuesday should also maintain this range to see the shock unchanged, and the technical aspects should not be analyzed too much. The daily line has remained above the Bollinger medium track for three consecutive trading days, closing the cross star. The price has repeatedly tested the 1915 position without breaking, and the above has also tested the pressure on 1930 many times. At present, gold cannot continue to rise without breaking 1934, and it cannot open the range without breaking 1915. Therefore, on Tuesday, without breaking this range, continue to watch this range.

　　Today's gold operation ideas: Gold is now reported in 1921, and intraday transactions can either wait to short near 1930, or wait for the 1915 support to fall back without breaking Bodo. The current price is not far from the 1915 support. Pay attention to the gold falling back close to the 1915 support for one more time, losing $4, the target is more than $10, and the rebound is close to 1930 to continue to dry out.