Market remains optimistic about global stock markets

  1. 35 Posts.
    MT4 Technical Analysis (Gold XAUUSD):Today's gold (August 30) early in the morning at 1527.7 US dollars / ounce, MT4 cut from the technical analysis, 1 hour level observation trend yesterday (29th) rushed 1550 US dollars / ounce, from the MT4 trend line, quickly pull Back to the correction, fell below the short-term important support zone, forming a sharp decline, so there is a possibility of a rebound in the day after the rebound, the possibility of standing unstable near the gold return level 0.618.At present, the pressure range above the short-term line is located at 1535~1535.5 US dollars/ounce, the downward direction, the initial support range is 1516~1516.5 US dollars/ounce, the operating mentality is short-short, and investors who want to enter the short-term market can consider the price of 1530 US dollars. For the 1533.5 USD / ounce range of light warehouse buy, MT4 operation stop loss point can be considered to set above 1534.5 US dollars/ounce.
 
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