Let's sort out the news that have affected the trend of gold in the past two days: On Tuesday (April 29), gold suddenly began to fall sharply in the Asian market, and the current gold price is around $3,316. Gold prices weakened during the Asian trading session on Tuesday, replicating the trend of the Asian market on Monday. Amid optimistic market sentiment,...
On Tuesday (April 29) in the Asian session, spot gold fluctuated in a narrow range and is currently trading at $3329. Gold prices reversed their decline on Monday and rose. Earlier, they fell to around $3268, but then there was a low-absorption buying, and gold prices closed at $3343.91. At the same time, the dollar fell across the board on Monday, which also...
For gold now, since it is basically oscillating in the large range of 3260-3370, the overall trend is oscillating downward, the highs are constantly moving down, and the lows are tested many times. The more tests are made, the greater the probability of a downward breakthrough. Therefore, the continuity of the rebound is not strong. At present, the entire...