Yesterday, after Gold bounced up from 1866 to 1881 ($15), it fell back at the end of the session, closing the session with a green candle around 1871. Although closing with a green candle, the momentum increased. slowed down a bit. I expect that in today’s trading session, Gold will have certain correction spans so that we can have a nice buying point.
Currently, Gold is meeting the 1865-1868 support zone, if it can overcome this price range, I expect Gold to correct to 1845-1850. This is also an ideal price area for ace to refer to to establish a long-term buy position.
No Investment Advice Provided
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only and do not constitute investment advice. The Website should not be relied upon as a substitute for an extensive independent market research before making your actual trading decisions. Opinions, market data, recommendations, or any other content is subject to change at any time without notice. “The Learning Art”, will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. We do not recommend the use of technical analysis as a sole means of trading decisions.
We do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.