Gold is still supported by risk aversion, but it quickly fell back after rising. In fact, the support of safe-haven gold is not surprising. However, since the gold bulls did not continue, it means that the space for gold bulls is also limited. Gold rose and fell in the US market. Gold was directly short at 3032. Gold fell as expected. The US market rebounded high and was still short.
Gold's 1-hour moving average is still in a downward dead cross. Gold bulls cannot reverse the situation. Gold fell directly to 3035 in the US market under pressure.
Support level: 3018 3005 3000
We will update regularly every day and introduce to you how we manage active ideas and settings. Thank you for your likes, comments and attention, we are very grateful
Gold's 1-hour moving average is still in a downward dead cross. Gold bulls cannot reverse the situation. Gold fell directly to 3035 in the US market under pressure.
Support level: 3018 3005 3000
We will update regularly every day and introduce to you how we manage active ideas and settings. Thank you for your likes, comments and attention, we are very grateful
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.