CHINA ITS (HLDGS)CO LTDCHINA ITS (HLDGS)CO LTDCHINA ITS (HLDGS)CO LTD

CHINA ITS (HLDGS)CO LTD

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The following rising wedge pattern confirmed a breakout on its lower boundary. Here we are expecting a decline toward the $1900 area with the bearish breakout confirmation received. It's another 1.5% decline projected on the hourly timeframe. On gold , we have seen that close to the 1935-1945 range holding a massive sell-off pressure which fails the bullish sentiment multiple times during the period. XAUUSD
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Hello, my friends, I think that gold will open on Monday with a downward trend because, firstly, the gold market of China and several other countries are closed due to the Chinese lunar year. And this can cause bears to sell. We don't have important data until Thursday. So it seems that the bears are playing with the market. But keep in mind that this is an opinion and if it happens, maybe even the $1900 support won't be able to resist. And maybe gold will go down to the support of 1887-1882. In any case, they haven't bought gold funds yet, and this is very important, maybe. They think that gold has gone up very fast. And the closing of gold on Friday is a proof of the same issue that closed under the resistance of 1927. And maybe this week is an opportunity to buy at low gold prices. In any case, we have an important week ahead and trade very carefully. Don't let the market fool you. I hope you have a good business full of profit. Good luck.

Hello, I think that you should buy in the decline because the news of non-farm employment in the United States will announce a decrease and the wages will be announced unchanged, and gold will go strongly towards 1852, and then after stabilization, towards 1862, and the reopening of the next week will continue this upward trend. Maybe this trend will continue in the $1900 area. Good luck