Gold Spot / U.S. Dollar
Short
Updated

Gold’s upward momentum is insufficient, Sell with the trend

Gold did not directly break through the previous high of 2340 at the opening on Monday, but fell directly. Gold does not have enough momentum to support its continued rise, and it is still fluctuating in a large range.

Gold is still fluctuating in a large range in 1 hour, and has not broken up either up or down, so we continue to control the rhythm of selling high and buying low. Gold rose to 2337 on Friday and fell under pressure, but failed to break through 2340. It is now falling and can be sold.

The market is changing rapidly. Since gold is still fluctuating in the range, we will adopt the strategy of selling high and buying low to deal with it, and then follow up in time after gold chooses the direction of breakthrough.
Trade active
Trade active
Trade active
Trade active
Trade active
Trade active

Disclaimer