As the U.S. dollar and U.S. Treasury yields climb, gold prices have fallen more than 6% from the September high of 1947. If bulls fail to successfully rebound from here, gold prices will turn negative this year and fall further to the bottom of 1800 area. Predict the next support point 1803-1810
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Currently hovering in the 1826 area, the price continues to be bearish.Trade active
Continues to fall after short-term reboundTrade active
Gold remains in a downtrend after a brief recovery.Trading signals Sell 1826 TP1818.
Good luck with your trading. Follow the channel to get more trading logic signals
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It has been fluctuating slightly in the range of 1824-1826, but through analysis, the downward trend still exists. It is recommended to enter with short-term high short orders.
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Disclaimer
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.