The 1-hour moving average of gold has begun to turn. If it continues to form a golden cross upward, then gold will continue to rise. The previous high of 2418 has been converted into support.
Since gold broke through the shock range last night and went upward, the bulls are better in the long-short competition.
Comment
I will share the latest trading ideas every day. You can click on the link below my article, where you can receive the latest trading ideas as a reference every day.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.