Bollinger Bands

April 25, [Gold technical analysis]: Judging from the gold daily chart, today’s trend is that gold has peaked in the mid-term and is bearish. Technically, the gold daily K-line has been negative for two consecutive times, with a decline of 90 points. The current hourly line and 4 The opening of the Bollinger Bands in the hourly chart diverges downward, and the SAR parabolic indicator releases a bearish signal. The green kinetic energy column of the MACD indicator in these two cycles has increased in volume. At the same time, the daily MACD indicator has also turned into a green column and gradually increased in volume. Today\’s trend is undoubtedly bearish. Today\’s European and American trading resistance focuses on the 4-hour MA5 moving average at 2315, followed by the 1-hour Bollinger Band mid-track position at 2320. Above, look at the suppression range formed by the hourly SAR extension point of 2328 and today\’s high of 2334. In terms of support, pay attention to the lower track of the hourly Bollinger Bands and the lower track of the 4-hour error band…