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4.22 There is no pressure on gold to rise, continue to watch the bulls let themselves go

Wonderful Introduction:

The moon has phases, people have joys and sorrows, whether life has changes, the year has four seasons, after the long night, you can see dawn, suffer pain, you can have happiness, endure the cold winter, you don’t need to lie down, and after all the cold plums, you can look forward to the New Year.

Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Review]: 4.22 gold has no pressure to rise, continue to watch the bulls let themselves go." Hope it will be helpful to you! The original content is as follows:

Market game profits xmtraders.come from mistakes, survival depends on self-discipline, and your profits often xmtraders.come from the losses of others. Every price fluctuation is hidden in the judgment deviations of market participants and the decision-making mistakes. However, we cannot predict who will make mistakes in the next moment, nor can we guarantee that we will always be on the right side. In this game, the only controllable thing is how to control the losses to the minimum range when you make a mistake. The essence of trading is to wait for others' mistakes through constant trial and error, and to capture profit opportunities from them.

Gold closed with a new high yesterday, closing with a big positive line, and pulled up again in the morning. Now the market has reached a point where you have closed your eyes and are brave enough to hold it up. There were more than a dozen adjustments in several pressure points yesterday. However, it is obvious that as long as the bears fall back to 15-20, there will be a new high, which will basically fall back to reach a new high. From the hourly chart, we can turn long from 3283 to 3298 on Friday, which time is the time when 05 short to 98 backhand long? In fact, After turning long until yesterday, there was no decline. This is to say, if it is long, you must forcefully chase long, otherwise you can only be short except watching the show. The technical side line of the weekly line of 3424 has also broken up here. After going up, you can only visually measure 2.618. Yesterday, the breakout of 1.618 to 3424 weekly line is exactly here. So the two support lines that I pay attention to today are 3405-3380. From the trend perspective, the reasonable buying point is 3380-76, and the strong 3405, the upper pressure still has pressures of 3445-3457 and 80, so the xmtraders.comprehensive conclusion is as follows:

The average price line is shorted at 31 in the morning and closed at 18.7, and the latter remains 3380-76 more, losing 73. The upper pressure is still at 33 and will continue to test 40-45. In the morning, the second decline does not break and continue to look at the adjustment. If it breaks, it will go long again. If it breaks through 33 to 36, it will fall back 27-28 and lose to 23. Continue to look at 40-45-57. As for short, it will mainly wait for the signal.

The above analysis is for reference only. Specific operations need to be xmtraders.combined with real-time market signals. Investment is risky, and you need to be cautious when entering the market.

Trading is for profit-making transactions, not for being angry or for trading. Therefore, traders must understand what stage the price is at! Traders are not eternal longs, nor are they eternal shorts. Traders are always changing with the changes in the market! Traders must have their own defense system to control risks!

The above content is all about "[XM Foreign Exchange Market Review]: 4.22 Gold is upward without pressure, continue to watch the bulls let themselves go". It was carefully xmtraders.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!

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4.22 There is no pressure on gold to rise, continue to watch the bulls let themselves go

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4.22 There is no pressure on gold to rise, continue to watch the bulls let themselves go

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