Key point 1983, insist on being bearish
It fluctuated within a narrow range during the day. We insisted on holding the short order placed in 1976, and focused on the gains and losses of the 1983 high during the day! However, so far, the price of gold has not shown a significant upward trend. In the short term, it has been affected by the pressure of 1977 above. The daily hourly trend highs have continued to decrease. Looking at the short-term trend, the short trend is slightly better.
One-hour technical analysis shows that the moving average crosses over. The continuous fluctuation trend has caused both the moving average and the price to fall below the previous trend line support. For further pressure, focus on 1983, the first support below should focus on 1964, and for further support, focus on 1953!
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