Gold prices consolidate between $2,145 and $2,165
The Federal Reserve's upcoming interest rate decision in March may have a certain impact on the international gold price trend this week. From a technical point of view, after the international gold price has risen sharply for three consecutive weeks, there is still a short-term need for correction and rest. This week, we will focus on the long-short competition at US$2,150/ounce. If it remains stable, it is expected to hit US$2,185~2,200/oz again. On the downside, we will focus on the support in the range of US$2,135~2,115/oz.
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