Gold, Midday Thoughts



The price trend from last week until now has been so weak that I don't need to say much; I've been bearish since last week up to now. This is solid. This week, I expect it to fall to 4600.

It's about seeing the daily chart's lower band support near 4600, then heading south to this support level before choosing to go north. In other words, first look for a decline to 4600, then discuss going north.

Short around 4733, targeting 4600.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin