Gold fluctuated back and forth this week, and next week will be long and then short
This week, gold has been ups and downs for a few days, and then the backhand empty rhythm is completely correct. Gold did not fall rapidly again on Friday. Gold began to have support at the 1956 line, and the shock ended. I believe that for many friends, this period of time is either on the road of chasing ups and downs, or going back and forth on a roller coaster, which is really uncomfortable. If we don’t fall in love with the past, then we should focus on the next market. How should we operate next week?
The triple top structure of the golden weekly line is still there, so it is still necessary to short rallies in the big cycle, but now gold is more than 100 US dollars away from the top, so it is normal to have a wave of rebound.
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.