The important support of gold is in 1961, go long

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Risk aversion broke out again. Gold rose sharply in the U.S. market yesterday, breaking through the resistance level of 1961-1965. It was under pressure in 1983 and remained in a range today. There is weak support around 1975-1973, and the best support is in the range of 1957-1961. If it falls here, as long as there is no news that is not good for gold, there is a high probability that it will rise.

The specific strategy is:

1975-1967 Support valid:

Purchase time: 1975-1967

tp1:1979-1982

tp2:1984-1988

Stop loss below 1960

1980-1983 range resistance failed to break

Sales period: 1980-1983

Time: 1973-1967

Break through 1985 stop loss

Dagangan aktif
has started to rebound
Dagangan aktif
Gold began to take profits in batches
Dagangan aktif
1982
Dagangan aktif
1988
Nota
It broke through the 1988 resistance, and it still has the upward momentum. If there is no accident, it will break through the previous high near 2009
Nota
Received resistance near 1995, pay attention to support near 1988
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