bestfreeslotgames| Li Hongbin: The Federal Reserve's minutes are coming, and a gold correction is inevitable
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Gold is currently reaching a record high to the 2450 mark, and its gains have begun to stall. Subsequently, multiple shocks failed to overcome and there was a sharp decline, with the lowest falling back to around 2406, indicating that the short-term 2450 mark had peaked. Bingo believes that the bull market has come to an end, and gold has completed the five-wave rise stage in 4 hours. According to the eight-wave cycle rule, there will be three waves of adjustment next, and gold is expected to enter a significant decline.
Gold's volatility was limited today. The Asia-Europe market was under pressure and fluctuated downward around 2425, testing the 2410 mark again. The peak at the 2450 mark is clear, and the correction is also obvious. A major correction is expected to wait for the minutes of the Federal Reserve meeting in the early hours of Thursday. Since the rise has come to an end, the next operation will be mainly to rebound into short positions, rebound into short positions around 2423, and focus on the situation below 2407.
5bestfreeslotgames.22 Gold U.S. strategy: 1--2423 short, stop loss 2427, target 2415-2407 (break below hold)
2--2431 Continue to be empty nearby, stop loss 2437, target 2423-2417
Crude oil's daily high of 88 began to fall back in a double-top pattern. It has now successfully fallen below the key watershed of 81, and its lowest has dropped to around 77 to ease the decline. The recent failure to fall below the 77 mark indicates that there is a large amount of buying support, but the trend is still bearish. As long as we do not break through the 81 mark, we will maintain a bearish mentality. The sky near 79, which was laid out the next day, fell back to the high point of a perfect sniper rebound and successfully reached the 78 mark. So today's operating rebound will continue to be empty near 80, and there will be more near 77 below.
Pressure: 79--80 Support: 77--76
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Li Hongbin/has been engaged in the financial industry for many years, studying international situations and hot events, and conducting professional international market reviews.