WHERE IS GOLD GOING??
已更新
GOLD has seen a sharp downfall after testing the highs of 2801 on October 30th since the interest rate cuts by the Fed were widely expected, finally came true which added selling spree on gold. Secondly ,Donald Trump victory in the 2024 Us president election has added more fuel to the free fall of gold.
On the daily chart ,gold shows a significant resistance around 2746 , we could see it test this resistance and continue going down, otherwise if support of 2656 gets broken it will go down more to 2525 and lower.
On the daily chart ,gold shows a significant resistance around 2746 , we could see it test this resistance and continue going down, otherwise if support of 2656 gets broken it will go down more to 2525 and lower.
交易开始
looks like the first move of falling will reach target soon注释
the 2738 move won't be happening as we have broken out support .so we go down straight交易结束：到达目标
we can close the sell here . and enter a buy . it will go up then come down after a retest注释
Wish I didn't go for the buy and held sell longer
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