If the gold price breaks through 2634 quickly and stabilizes, the rebound will continue. If you bought at a high level and don't know the trend, you can check here. You can add a buy order when the range of 2616-2620 is adjusted back. Continue to hold and wait for the market to rebound sharply. It is important to pay attention to whether the position above 2630 can stabilize. GOLDXAUUSDMGC1!GC1!
Accurate analysis, even if you are a novice, you can understand it. Quick teaching. Investors who follow the transaction have gained some good results. Will the profit be expanded next time? Let's wait and see. GOLDXAUUSDMGC1!GC1!
GC1! Buying opportunity. Shorts having been trying for weeks to knock the price down and succeeded today on news out of China which really has no bearing on GOLD whatsoever.
Time to add to your current position or build one. GOLD has another 25-35% upside from now thru next year.
XAUUSD US media: Hezbollah publicly supports a ceasefire in Lebanon for the first time. Under the influence of this sudden news. The gold price fell sharply. The current quotation is 2620. It has come to the support below. But under such a huge impact, the gold price will continue to fall. The target this time is below 2600. As I said, under the influence of sudden dominant news, the gold price seems to have received clear guidance. And give up the original idea and run according to the trend of the dominant news.