9.17 Gold Short-term Operation Guide
After gold hit the high point of 2580-90 last week, it basically maintained a consolidation trend at the opening of this Monday. As of now, it is still above 2582 as the high point, and it is consolidating in the range of 70-90.
At present, many people think that the interest rate decision on Thursday will be a node, but not. I think the GDP data will be a window for a change.
Then, institutions may take advantage of the opportunity to buy and pull up again.
2580 is also a support in the 4-hour chart of gold. If it falls below the moving average support here, it is likely to test 2855-50 later.
At present, many people think that the interest rate decision on Thursday will be a node, but not. I think the GDP data will be a window for a change.
Then, institutions may take advantage of the opportunity to buy and pull up again.
2580 is also a support in the 4-hour chart of gold. If it falls below the moving average support here, it is likely to test 2855-50 later.
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