Gold is bearish next week
The market for gold is about to close on Friday, so I'm looking at today's move in a choppy correction for now.
The bottom support point is 1822-1818, the top is concerned about 1830-35, and it is expected to fluctuate in the range of 1817-1835 during the day.
But since the Fed will raise interest rates in March, I think it is unlikely that gold will continue to be bullish. Therefore, even if gold is still in an upward channel, I am still bearish for next week's trend.
GOLD
The bottom support point is 1822-1818, the top is concerned about 1830-35, and it is expected to fluctuate in the range of 1817-1835 during the day.
But since the Fed will raise interest rates in March, I think it is unlikely that gold will continue to be bullish. Therefore, even if gold is still in an upward channel, I am still bearish for next week's trend.
GOLD
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