Under the double attack of the Federal Reserve's hawkish stance and U.S. economic data, the price of gold continued to fall sharply to a two-week low, falling below the 2350 mark and accelerating its decline to the 2327 line. The daily line continued to close out a saturated large negative line, and the short decline was extremely fierce.baccaratpredictoronline!

After the price fell below 2406 on Wednesday night, the 1-hour band short positions opened, and disk prices continued to hit new lows. Gold short positions occupied the home court and had basically no ability to rebound. In particular, the support at the 2350 mark in the mid-track of the daily Bollinger Band was also broken. The decline was in line with expectations and has now turned into a pressure level. In the day, the defense was suppressed by 2350 and the bearish position. The lower level was focused on the 2325 and 2300 marks, breaking new lows and continuing to be short. At present, this wave of adjustment is not over yet. Don't go easy to copy the bottom, you should follow the trend.

Judging from the current market trend, the daily line continued to close lower on the positive line, and fell below the 2350 mark in the middle track of Bollinger and continued to accelerate its decline, closing at the 2328 line, closing near the lowest point. It is not difficult to find that the trend in recent days, after the market price fell, the withdrawal was not large. After a short rebound, it came out of the decline again, and fell below the new low to show a inertia decline, and closed near the lowest point. The characteristics of the market rhythm are relatively obvious. The market closes at a low level, the rebound is weak, and the bottom accelerates the downward trend. This pattern is weak, so a short-term rebound within the day is an opportunity to short, and if you break the bottom at night, you need to follow up on short orders.

In terms of intraday operations, the resistance focuses on 2350 and 2370. For the time being, we will not be close to the resistance position and do not consider chasing the short. The performance below 2350 is extremely weak. During the day, we should choose a high altitude below 2350. It is recommended that gold be empty near 2343 and defend above 2350. The target is 10-15 dollars fall into the pocket; If you break the position and stand at 2350, you will see a continuous rise. If you retreat and follow up with more orders, you will see US$10 fall into the pocket. Focus on 2370 to suppress the backhand empty. If you break the bottom at 2325, you will directly follow up with empty orders.

[Risk Warning] According to relevant regulations on foreign exchange management, buying and selling of foreign exchange should be carried out at trading venues specified by the country such as banks. 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.