It is considered a relative drop in gold caused by the rise in the dollar.
The increase in the Dow Jones index and Spx500 has resulted in relatively low demand for safe haven.
Let's look at the chart!
First, the market made a strong break through the black clouds. Right now, the gold market is in its bottom line, and the market is expected to be resisted by the small cloud, which is a sub-trends after a slight rebound.
It is a long time to sell right now. Wait for the market to rebound.
When forming a new down-wave, it would be better to safely sell at high points to maximize profits.
Don't forget that too hasty chase and trade results in a loss!
If you helped me with this information,
More information is available at www.allaboutforex.net
The increase in the Dow Jones index and Spx500 has resulted in relatively low demand for safe haven.
Let's look at the chart!
First, the market made a strong break through the black clouds. Right now, the gold market is in its bottom line, and the market is expected to be resisted by the small cloud, which is a sub-trends after a slight rebound.
It is a long time to sell right now. Wait for the market to rebound.
When forming a new down-wave, it would be better to safely sell at high points to maximize profits.
Don't forget that too hasty chase and trade results in a loss!
If you helped me with this information,
More information is available at www.allaboutforex.net