XAUUSD: 22/12 Asian Market Analysis
Updated
Now that gold has broken through a new high, a new band of rise has begun! Next hit the 2060 pressure!
From the hourly chart, gold has an obvious upward trend. This week's shock is a normal adjustment in the upward process. The adjustment is to accumulate strength for another rise. The end of the adjustment means that a new band of rise has begun! The new band target is at least the 2060 line, or even a record high!
Gold is still going long now, and you can enter the market directly near the Asian plate 2045! The adjusted rise generally does not give too many opportunities to get on board. If there is a small correction, just BUY!
From the hourly chart, gold has an obvious upward trend. This week's shock is a normal adjustment in the upward process. The adjustment is to accumulate strength for another rise. The end of the adjustment means that a new band of rise has begun! The new band target is at least the 2060 line, or even a record high!
Gold is still going long now, and you can enter the market directly near the Asian plate 2045! The adjusted rise generally does not give too many opportunities to get on board. If there is a small correction, just BUY!
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