Gold Spot / U.S. Dollar
Long

#GOLD 1HR CHART

72
🥇 Gold in the Asian session this morning was supported to increase and surpassed the nearest peak at around 2726. But it is currently declining slightly.

➡️With the gold price increasing by nearly $100 since the beginning of the week, chasing gold at this high price level is potentially risky. Gold may have a downward adjustment after the recent increase. However, the upward trend of gold is good, if gold declines to retest the 2690 - 2688 area, you can consider buying gold again.

If anything changes, we will update the view later. Good luck 🛫

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