, time: April 16
The gold market fell back under pressure, and after breaking through the low of the previous trading day, it brought The shorts quickly increased their volume, and the intraday low hit nearby. Judging from the daily trend, the price of gold was suppressed by shorts yesterday. The daily closing line closed with the big negative line of the lower lead. Although there was a rebound in late trading, the physical part of the negative line still formed a bearish engulfing pattern. , then the recent rebound and recovery upward trend of gold prices has been declared over. There is a need to continue to step back to yesterday's low or even refresh the low during the day. For operations, maintain a weak thinking and focus on rebounding and short selling. At present, the gold price is on a small cycle. Continuing yesterday's slight recovery trend in the U.S. market, short-term resistance is focused on the vicinity, while strong pressure from above is focused on, and the gold price is under pressure at the bottom and the short-selling idea of rebounding remains unchanged.
It has been oscillating back and forth in this range recently. Affected by the sharp drop in gold yesterday, silver inevitably brought about a short fall. Silver successfully broke through the previous low during the session. There is support nearby, and then it falls further to the vicinity. From the daily trend, silver and gold are consistent, and currently form a engulfing negative line. If there is a need to continue to step back to yesterday's low, then the intraday operation is also based on the idea of rebounding and short selling. At present, the upper reference is resistance or even, and the focus is on nearby defense during the day.
The daily pattern is weak, the short-term rebound is over, and gold and silver return to the short position