Last Friday, during the U.S. trading session, the main players completed the accumulation of long positions in gold at 1810-1815 zone. In today's Asian trading session, there was a gap-up opening, with a volume gap between 1845 and 32. Whether looking at the daily, 4-hour, or 1-hour timeframe, the market sentiment is bullish, indicating a favorable outlook for...
As shown in the chart, in the short term, it is expected that a selling opportunity will be formed around October 20th, within the range of 1880-1900. The invalidation level is 1922 for daily time frame.
The target levels for the decline are projected to be 1780/1750/1730. The specific downside target is currently uncertain, but it is highly likely to test the...
