1984 Scramble. up or down?
Updated
https://www.tradingview.com/x/GEDoPORS/
The short-term market is a breakthrough of the previous downward trend. From the position of 1900, it went up to the 1984 line for a month. More often bearish and weak. The market is trending upwards. So now comes the 1984 controversy. Will the later trend continue to go up or down?
I personally think that gold will hover around the 1984 line in the short term. However, geopolitics and the US economic situation have formed a certain support below. So in the short term, I personally think that buying will still be the main focus.
The detailed trading signals are subject to the actual situation, and I will tell you in the old place.
The short-term market is a breakthrough of the previous downward trend. From the position of 1900, it went up to the 1984 line for a month. More often bearish and weak. The market is trending upwards. So now comes the 1984 controversy. Will the later trend continue to go up or down?
I personally think that gold will hover around the 1984 line in the short term. However, geopolitics and the US economic situation have formed a certain support below. So in the short term, I personally think that buying will still be the main focus.
The detailed trading signals are subject to the actual situation, and I will tell you in the old place.
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