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Gold Spot / U.S. Dollar forum

2 minutes ago

That was a manipulation candle on 5 Min be aware don't short this with any confirmation

3 minutes ago

In the 4-hour chart, the stochastic indicator diverged, and the oscillation dead cross was downward, which was bearish and downward; secondly, the MACD double lines were blunted downward, which was bearish and downward, and the indicators resonated bearishly and moved downward; in terms of form, it rose and fell, and fell at a high level; there was a momentum of continued downward adjustment in the 4-hour chart. .

The daily K-line, the stochastic indicator golden cross, and the MACD blunting and sticking indicate that the indicators are currently contradictory; the upper track of the BOLL is currently under pressure*, and the strength and sustainability of the upward movement are major issues. You can refer to the 3385-3395 range and choose the right time to place a short position, betting on a downward trend; the upper 3415 and 3425 levels remain short; if it stabilizes at 3425, then the pressure around 3450 will be used to short;