Gold's long and short 6-game winning streak continues to fall
Updated
Stimulated by the upgrade of geopolitical risk aversion, gold rose again and broke through new highs. Gold hit a record high again, breaking the shocks of the past few days. The risk aversion broke through the 2365 line, the high point of the last shock. Today, it stepped back on the 2365 support and went for the dip. many.
Gold turned directly upward in the first hour. The bulls returned and broke through the previous high. The previous resistance has now become support. Today, it stepped back on the 2365 support and went long on dips.
The market is changing rapidly, and we must not think in a single way. If gold’s safe-haven upgrade directly breaks through the previous high, and the trend continues to turn bullish, then we must comply with the market adjustment and never look back without hitting the wall. The gold adjustment has come to an end, and now it’s time to wait for the bulls to continue their performance.
Gold turned directly upward in the first hour. The bulls returned and broke through the previous high. The previous resistance has now become support. Today, it stepped back on the 2365 support and went long on dips.
The market is changing rapidly, and we must not think in a single way. If gold’s safe-haven upgrade directly breaks through the previous high, and the trend continues to turn bullish, then we must comply with the market adjustment and never look back without hitting the wall. The gold adjustment has come to an end, and now it’s time to wait for the bulls to continue their performance.
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