Gold analysis on August 21, 2024: After forming a peak in the 2526 - 2530 region as predicted, gold has experienced a correction to the 2500 area and then rebounded. This is not yet the point enough to create a strong upward trend for gold. The possibility of a deep decline to create momentum is still very high. Prices of 2450 or even 2435 are still...
Gold analysis 19/08-23/08/2024: Last week, gold broke through the previous peak at 2484 and closed the candle at 2508. The likelihood of gold creating a new peak around 251x is very high. After forming the peak, gold will likely experience a significant correction. The price has a high chance of returning to the 242x area, which serves as a momentum-building...