Gold price has hit bottom, will it continue to rise?
Today is Monday
I have been observing the increase in gold prices. The market is still turbulent, climbing to 1844, and now falling back to 1838. My suggestion is that it will rise after a short decline.
I have been observing the increase in gold prices. The market is still turbulent, climbing to 1844, and now falling back to 1838. My suggestion is that it will rise after a short decline.
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The reason may be directly related to the Federal Reserve's current monetary policy. In addition, high inflation is also directly related to the dollar hitting its strongest level in 10 months. Reasons for the fall in gold prices.
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The current downward momentum of gold prices is very strong, falling to 1831 within three minutes, and is about to reach the support point.
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Gold is now hovering around 1833, waiting for it to rise. Good luck and happy trading.
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If you have any ideas, please discuss them in the comment area.
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The price of gold has stabilized at this time and is now around 1835. It is developing in the direction I expected and will follow up.
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It is still rising and will soon reach the profit stop point, as I expected.
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It would be prudent to wait for a near-term consolidation or mild rebound.
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Gold may test 1820 support.
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Still lingering in 1831, we wait for its rise.
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The market fluctuates greatly every day, and I am willing to serve you every day and provide you with accurate signals.
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