freddeal

The midline short correction of gold is over, and follow-up atte

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freddeal Atualizado   
OANDA:XAUUSD   Ouro/Dólar Americano

In terms of gold, the price of gold on Thursday showed a general trend of rising and falling. The price of the day was as low as 1965.22, the highest rose to 1987.29, and closed at 1969.24. Looking back at the market performance on Thursday, after the opening of the market in the morning, the price was directly supported and started to rise again. The price broke through the 1985 position. Yesterday we emphasized whether the price was a virtual break. The follow-up price fell as scheduled. At present, the daily line is negative again. It is the key to pay attention to whether the price can fall weakly and sharply. After all, the weekly rhythm still needs to be paid attention to. At present, the focus is on the resistance of the 1975-76 range for the time being, and the 1960-1950-1945 area is temporarily focused below. The price will fall sharply after breaking through the 1945 position. At present, it looks like the mid-term downward correction is over, and the follow-up will be weak and downward.


Gold 1975-76 interval empty, defense 10 dollars, target 1960-1950-1945


Today's Key Financial Data and EventsFriday, July 21, 2023


① 07:30 Japan's core CPI annual rate in June


② 09:00 Lithium carbonate futures listed and traded


③ 10:00 The Ministry of Human Resources and Social Security holds a press conference


④ 11:00 National Development and Reform Commission held a press conference


⑤ 14:00 The monthly rate of retail sales in the UK after seasonal adjustment in June


⑥ 20:30 Canadian retail sales monthly rate in May


⑦ The next day at 01:00 the total number of oil rigs in the week from July 21 to July 21


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
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gold started to fall
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Gold will fall again, don't worry
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