Jack_Blackwell
@t_Jack_Blackwell
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Jack_Blackwell

Gold surged higher and fell back in line with expectations on Monday, and the daily line closed another cross K. However, it still needs to be observed to determine whether it is a relay or a reversal. The overall pattern is still a shock, and the Bollinger Middle Track has obvious suppression, so today is very critical. You can see it if it breaks above 2050, and the 1984 position can also be seen after a negative closing in the market outlook. In the day, the H4 cycle formed a pullback after testing highs. Although it is not confirmed to weaken for the time being, we are still more optimistic about short selling at highs and the space for a slow decline. Therefore, gold is still mainly bearish at highs on Tuesday. The pressure level is at 2022. Pay attention to 2008 below. If 2008 breaks the level, look at 1995 Short gold position around 2022, stop loss 2028, target 2008, 1995
Jack_Blackwell

GOLD SELL @ 2020.70-2022.70 GOLD SELL @ 2020.70-2022.70 SL 2025 TP1 2017.70 TP2 2015.70 TP3 2010.70 Reason for selling - Trendline - Engulfing - SNR As we can see price already reach our Resistance (snr) zone. Also got a touch on trendline. and the last reason is got bearish engulfing which is got a big movement on that zone! However this zone on H4 so got a big zone. Manage your account properly!Trade closed: target reached: The first stage goal has been completed
Jack_Blackwell

Gold can be positioned for a short trade At present, the suppression port above gold remains at the 2015 line. This position is likely to be the position where the daily line presses downward on the 10th. Although we are eager to try on Friday, before this position has not been completely broken, we can still tentatively place short positions. Just wait, and the support below remains at the high point of yesterday's counterattack and the top-bottom transition position of 95. Once this position continues to break down, gold will still be in a downward trend in the later period, and the daily line will also be repaired, while below The support continues to be maintained at the 95 line. If it breaks below, you can go short by pulling back and wait patiently for the key points to enter the market. I will give you specific operating strategies during the session, so pay attention in time. Gold operation strategy: 1. Go short on the 2016-2020 first line of rebound, stop loss in 2029, and target the 2000-2003 first line; 2. Go long if the 2000-2003 line is not broken, stop loss at 1992, and target the 2013-2015 line
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