Gold trend analysis: Gold opened high on Monday and then fell sharply. On Tuesday, it fluctuated and corrected with a cross-yang line. On Wednesday, the overall trend was also volatile. However, after the Fed’s interest rate decision was announced in the early hours of Wednesday, the gold price fell to around 3362. The low point of this decline was just supported...
Gold maintains an upward channel at the weekly level. Mr. Weng, a long-term strategy, recommends that you arrange long orders on dips. The daily level breaks through the upper track of the downward channel, and the medium-term can seize the opportunity to go long on the pullback. The upward channel of the 4-hour chart remains intact, and short-term trading is...
Analysis of gold trend: This week, after gold opened at 3450, it gradually fell to 3365, with a range of 100 US dollars. Although the main force of the two trading days was a decline, the bullish trend remained unchanged. In an uncertain environment, there is still a chance of a big rise in the future. From the 4-hour gold chart, gold has continuously appeared in...