Follow me, 2700 is this week
Gold technical analysis: gold fell again yesterday, the current daily 6 consecutive negative, most of the whole trading day yesterday in 2620 below the operation. Overall, it fell below the 20-day moving average, and the current 5-day moving average is running below the 10-day moving average. The EMA diverges downward and we continue to hold short. Today Thursday, the US cpi data is released, gold while remaining bearish, need to watch the below support break. It is expected that the market will have a short - term directional choice, why say so? The daily chart shows that the current short-term trendline is right around the 2600 mark; The market fell from 2685 and is now down about 80 dollars. A decision is expected today on whether to continue to fall further, or to stop the rally and then fall again.
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