10.6 Gold's callback is small and it may continue to rise

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After breaking through a previous resistance zone on the 4-hour chart, gold is continuing its upward trend along its short-term moving average. Intraday pullbacks have been mild and sustained, and there are still no signs of a peak in the short term. On the hourly chart, after a surge, gold is maintaining a high-level correction, but recent high-level corrections have ultimately evolved into secondary gains, and today's pullbacks were not significant. On the short-term chart, the candlestick chart is gradually coming under pressure, maintaining a weak trend along the short-term moving average. Some short-term correction is possible. If the correction in the US market is not significant, it may even rebound to the current price after a minor correction. Further upward movement is expected after the open!!!

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The market has no absolutes, nor fixed trends of ups and downs. Therefore, a balanced assessment of market fluctuations is your key to success. Let money be our loyal servant; otherwise, it will become a tyrannical master. If you have any questions about the market, please leave a message for David.