8.2 Analysis of gold trend operation

After hitting the peak of 2530 on the 20th, gold fluctuated at a high level and finally quickly pulled back. Currently, it is 2505 points.

Yesterday, gold failed to hit 2530 several times. The last time it hit 30, it quickly fell back. This also shows that the bulls may continue to hit the high point after the pullback.

The key downward support point is 2500. If it falls below 2500, look at 2490 / 2480 below.

Resistance points are 2520, 2530, and 2550.

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Note
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Note
According to the 4-hour candle trend, 2500 will be a perfect entry point
Note
Bulls lack motivation and entry conditions have not yet been met
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