TuesdaygrosvenorrouletteAfter gold fell in early trading, the European and American markets fluctuated and rose. In the evening, it was under pressure and fell back at 2433. Looking at the whole day, the market was biased towards volatile markets. During the day, it was said that the Asian market low of 2406 had been reached. This serves as a long defensive line and uses this as a stop loss position. You can boldly be bullish. The US market hit the 2433 line at the highest, emphasizing the suppression of the upper 2433/37 area. As an early sellout, the suppression is very cleargrosvenorrouletteYes, the layout of area 2430-33 is empty and looks like the retracement is dropped and harvested as scheduled.

Overnight, gold hit the 2433 line and fell back, closing at the 2420 line. The daily line closed with a small shadow line with upper and lower shadows. This was also the relatively obvious shadow line that closed for two consecutive trading days, highlighting the fierce competition between short-term and long-short positions. During the day, gold continued to pay attention to the suppression of the 2433/37 area, with the support position of 2406 below. The range did not break through the high-altitude low and the short-term fast-forward and fast-out, and then followed the operation in the broken range.

Judging from the current market trend, 2433 was under pressure and fell as scheduled overnight. Currently, the gold price is near 2414, which is also relatively close to the 2406/08 support position. Pay attention to the fact that the 2406/08 support position is shorter than the 2406/08 support position, and use this as a means of damage to the 2408-14 area. The target is bullish on US$15, the high does not break 2433 to suppress short positions, and the target is US$12.

[Risk Warning] According to relevant regulations on foreign exchange management, foreign exchange buying and selling should be conducted at banks and other trading venues specified by the country. Those who buy and sell foreign exchange privately, buy and sell foreign exchange in disguised form, buy and sell foreign exchange in reverse, or illegally introduce and sell foreign exchange in large amounts shall be subject to administrative penalties by the foreign exchange administration authority in accordance with the law; if the case constitutes a crime, criminal responsibility shall be investigated in accordance with the law.