Will gold still rise after the shock?

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Emas Semerta / Dolar A.S. (FX:XAUUSD)

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FX:XAUUSD Emas Semerta / Dolar A.S.

trendanalysis harmonicpatterns chartpattern

There is a high probability that gold will be positioned around the short-term moving average for range consolidation. The key support is focused on the 2146 line and the resistance 2195. Last week's breakthrough is just a breakthrough for the time being; in the past two days, it has entered a range consolidation, with the 2180 line resistance and the 2160 line. Support, pay attention to the operating gains and losses in this range; macd is gradually moving up the golden cross. If the price falls and pierces the previous low, it is easy to deviate and pull back to rise; therefore, in terms of operation, recommends leaning towards 2160, a bullish shock, strong support It is the retracement point of the previous triangle consolidation at 2150-52. It is also bullish when it reaches it. The resistance target is 2180. Once the Lianyang is effectively established, it will hit 2195.

Komen:

Let’s see if we can reach 2180 first.

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