07/06 - Will gold have a breakthrough point?

업데이트됨
Gold traders were boosted by a sluggish US Dollar, unimpressive markets and mixed China data.
However, there are some challenges for gold buyers near the $1970 level as yields continue to fall.
Gold price encounters many resistance levels around $1970, which makes it difficult for buyers.
The immediate support is at $1955, and if the gold bears conquer this level, the one-week 61.8% Fibonacci level could act as an additional filter towards the north near $1952 before welcoming the bulls.

Let's focus on the price range from 1969 to 1952. You can scalping this price zone

How do you feel?
액티브 트레이드
Sell 1965 -> 1957
노트
The global economist at Pimco suggests that the Federal Reserve might have plans for additional rate hikes.
노트
Buy 1955 -> 1962 70pips
노트
ECB member makes very pessimistic statements about inflation and interest rates
노트
Sell again 1966 -> 1957
노트
Gold fails to break through the 1970 resistance area
노트
Sell 1970 +290pips
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