The latest direction of gold
Updated
From a technical analysis perspective, gold closed below the key 50-day moving average on Tuesday, and the 14-day RSI returned to the negative zone below 50. If gold prices continue to fall below $2,315/oz, the downward trend may extend to the $2,300/oz level. On the upside, gold prices need to break through the 50-day moving average resistance level of $2,337/oz to challenge the 21-day moving average of $2,358/oz.
The gold market is at a critical moment in the long-short game. The performance of U.S. economic data will directly affect market sentiment and gold price trends. It is necessary to pay close attention to the upcoming economic data and policy trends to seize investment opportunities in the gold market.
However, the market is still mainly short-selling on rebounds. In the short-term, you can rely on the resistance in the 2335-2340 area above to do short-selling.
The gold market is at a critical moment in the long-short game. The performance of U.S. economic data will directly affect market sentiment and gold price trends. It is necessary to pay close attention to the upcoming economic data and policy trends to seize investment opportunities in the gold market.
However, the market is still mainly short-selling on rebounds. In the short-term, you can rely on the resistance in the 2335-2340 area above to do short-selling.
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Today, gold continues to be short-selling, 2300-2305 short orders are entered, and the 2280 area is concerned belowTrade active
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It is recommended to treat gold with a volatile mindset today. The upper pressure is at $2,314. A break above this level may lead to a short-term rebound. Continue to pay attention to $2,328. The lower support is at $2,297. A loss here may increase the short-term decline. Continue to pay attention to $2,286 and $2,277.Trade active
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Going long on gold, I made a profit of 230 points, which is a very good profit. If you are still losing money, please contact me as soon as possible.Trade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Hope it helps youTrade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
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Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
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