Moore Gold tips

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【Gold technical side】

From the perspective of the 1-hour cycle, since the high point of 2070.2 fell, after walking out of the top of the inverted V pattern, it continued to go out of the unilateral overcast yesterday. At present, the 21 and 60 moving averages show a clear short order, and the K line has not broken through the 21 moving average. , indicating that the bear market is strong. Combined with the MACD kinetic energy, the column kinetic energy is below the 0 axis and the column becomes longer, there is no obvious bottom divergence signal, and the short market may continue to continue during the day. The upper resistance is about 1935, and if it rebounds to this resistance level in the day, you can consider trying to lay out an empty order.

Market update:- gold is in negative zone