Gold's rise has reached its peak and is bound to fall

After the opening of the Asian trading session on Monday (April 1), spot gold rose sharply, with the gold price reaching a maximum of $2,265, a record high.
Global geopolitical tensions are one of the reasons for the rise in gold prices, and investors may consider gold as a neutral reserve asset. Strong safe-haven demand, expectations of U.S. interest rate cuts and central bank buying have given gold prices another upward momentum.
The short-term cycle is currently experiencing high fluctuations, and there is demand for a pullback. Therefore, in the current short cycle, we are waiting for the end of the hourly and 4-hour bulls; then we are currently focusing on the high point of 2270, breaking through the price and continuing to surge upward. On the contrary, there will be demand for the price to fall back.
My suggestion is to go short near the high price of 2265-2268 US dollars.
TP: USD 2150
Second TP: $2142
SL: $2278

การซื้อขายยังคงดำเนินอยู่:

Gold is undergoing a short-term correction

การซื้อขายยังคงดำเนินอยู่:

Gold prices are expected to continue to fluctuate and fall within a narrow range

การซื้อขายยังคงดำเนินอยู่:

Gold is now showing a downward trend

การซื้อขายยังคงดำเนินอยู่:

Gold price now near $2,250

การซื้อขายยังคงดำเนินอยู่:

Although gold is currently showing a downward trend, in order to prevent gold from rebounding, do not place heavy positions

การซื้อขายยังคงดำเนินอยู่:

Wait for gold price to reach around $2240

การซื้อขายยังคงดำเนินอยู่:

When the price of gold reaches around $2,243
An upward rebound occurs

การซื้อขายยังคงดำเนินอยู่:

Gold prices have now fallen to $2,235

การซื้อขายยังคงดำเนินอยู่:

Gold prices now plummet, down $30 from peak

การซื้อขายยังคงดำเนินอยู่:

Gold has rebounded briefly after continuing to fall, but the overall trend will be downward

การซื้อขายยังคงดำเนินอยู่:

After a brief rebound in gold prices
It is now down near $2238

การซื้อขายยังคงดำเนินอยู่:

Gold is currently showing a strong downward trend and is expected to be supported around $2,220

การซื้อขายยังคงดำเนินอยู่:

Gold prices are currently in a state of shock

การซื้อขายยังคงดำเนินอยู่:

Gold price is pulling back due to resistance from above

ความคิดเห็น:

Gold hits new highs

ความคิดเห็น:

Gold prices are falling fast