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Gold rose and fell sharply on 12.19 as expected, and continued to consolidate in major areas during the day.

Wonderful introduction:

Let me worry about the endless thoughts, tossing and turning, looking at the moon. The full moon hangs high, scattering bright lights all over the ground. www.xmtraders.come to think of it, the bright moon will be ruthless, thousands of years of wind and frost will be gone, and passion will grow old easily. If you have love, you should grow old with the wind. Knowing that the moon is ruthless, why do you always place your love on the bright moon?

Hello everyone, today XM Forex will bring you "[XM Forex]: 12.19 gold fluctuated sharply as expected, and will continue to consolidate in the region during the day." Hope this helps you! The original content is as follows:

Your profits www.xmtraders.come from other people's losses. In other words, when someone makes a mistake, profits will appear in the market that can be earned, but you cannot calculate or predict how many people will make a mistake next, or how big of a mistake they will make, and you cannot guarantee that you will be on the right side every time. Then, the only thing you can do in trading is that when you make a mistake, try to make the mistake as short as possible. The rest is to wait for others to make mistakes and encourage each other.

Yesterday, gold was highly consistent with the early www.xmtraders.comments. At that time, our idea was to rebound 36-38 short, with the highest reaching 38, and the lower 10 being long. The lowest 08 was bullish on the upper edge 72, and the highest was 74.4. In late trading, it fell sharply from 74 to 20. As expected, there are still big ups and downs. In fact, looking back at yesterday's market, it is really not important to say whether the trend is bullish or bearish. It fell by 30, rose by 66, and then fell by 54. What kind of trend does this have? It can only be said to be a shock to the market. It just did not break the previous small range. After it broke, it became larger, such as If the price rises and falls again, you will die even if you try, so just stick to the loss operation. It is unrealistic to have to eat up all the long and short stocks. It is impossible for you to like all the handsome guys and beauties in the world. Even if you draw a picture, it is an irregular expanding triangle, so today we will continue to treat it as a shock. Let’s first define the range. www.xmtraders.come out, first of all, the daily chart breaks through the previous high of 82 and looks towards the 4420-35 line. Before it broke, yesterday's 74-82 was definitely effective. However, as it fell back from the high, today the pressure moved down to 4368, which coincides with 74.45, followed by 53-55, which is 30 points.pressure, the lower support is firstly the retracement point last night which is also the four-hour 26-day moving average, secondly the hourly chart yesterday’s low near 10 here, followed by the integer mark 4300, followed by the four-hour lower line here.

So www.xmtraders.combined with several cycles, the conclusion is as follows: after breaking the position, 4300-4287--72, the top is 4400-4420-35, so sell high and buy low according to the large range 4368-4287, and the middle zone is 4354 Between -4213, there is not much defense in place. It is enough to defend with 8 blocks in the large area and 6 blocks in the middle area. There are two plans here at 20. One is to enter the market in conjunction with the five-minute weak bull signal. The second is to withdraw and enter after falling below, and the loss is at the low point. Other points will be prompted according to the disk.

The above ideas are for reference only. The market is risky and investment needs to be cautious. Good luck is with us.

Trading is for profit, not for anger or trading, so traders must understand what stage the price is at and what action to take! Traders are not always long, nor are they always short. Traders always change with the changes in the market! Traders must have their own defense system to control risks! Risk control and fund management are must-haves in your trading!

The above content is all about "[XM Foreign Exchange]: 12.19 Gold fluctuated sharply as expected, and will continue to be consolidated in major areas during the day". It was carefully www.xmtraders.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!

Spring, summer, autumn and winter, every season is a beautiful scenery, and they all stay in my heart forever. Slip away~~~

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Gold rose and fell sharply on 12.19 as expected, and continued to consolidate in major areas during the day.

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Trusted by over 15 Million Traders

The Most Awarded Brokerfor a Reason

Easy Access to 1,400+ Global Assets

XM Forex Trading Platform

CATEGORIES

News

market news

Gold rose and fell sharply on 12.19 as expected, and continued to consolidate in major areas during the day.

Related News

The Most Awarded Broker
for a Reason