Gold is correcting after re-testing the symmetrical triangle along with the golden fib zone
Gold remains under pressure after breaking below the ascending trendline and confirming a short-term Change of Character (ChoCH). Price is now consolidating within a key demand zone around 4,000–4,050
The prices also fell below 9EMA, while RSI is also falling and rests near 40 level
Now a considerable correction below 4022 with strong volumes might drive the prices lower below 4000 levels
Fundamental factors:
Gold remains under pressure after breaking below the ascending trendline and confirming a short-term Change of Character (ChoCH). Price is now consolidating within a key demand zone around 4,000–4,050
The prices also fell below 9EMA, while RSI is also falling and rests near 40 level
Now a considerable correction below 4022 with strong volumes might drive the prices lower below 4000 levels
Fundamental factors:
- The market has already factored the soft CPI inflation reading
- Now the war in the Gulf region will again overtake the driver seat
- The dollar might again resume surging due to its ultimate safe-haven power
- And gold will continue to fall as the dollar strengthens
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。