The US election is over. Can gold bears exert their strength?At present, we can see that the current trend line support of gold on the daily line is just around 2700. Today, it just touched around 2700, and a V-shaped reversal was achieved. #GOLD  Secondly, we can see that at least three times before, the market stretched sharply when it touched the support of the daily trend line. Therefore, as long as the current daily trend line is maintained, I have reason to believe that gold will continue to stretch to a new high. What we have to do now is to wait for gold to test the support here at 2700 again. It is best to have a double bottom pattern, so that we can be sure that it will not go down and will go up. Therefore, our next operation should focus on the support near 2700. If it fails to break again, we can enter the market and go long, and look up to the previous dense trading area of ​​2740-50.
#gold
#GOLD