XAUUSD: The rally is about to start, buy
Gold runs in a narrow range and stops at 1910! The bears cannot further expand their space downwards. If they are no longer weak, they will become stronger. Next, they will bottom out and rise again! The European market remains bullish, long around 1910!
Gold had a downward trend before, but now on the hourly chart, the macd has deviated, and the decline has failed! The market is about to turn around! The key support of the daily cycle is the 1902 position, which will most likely be the inflection point of this downward trend! The current position starts the multi-single layout!
Gold had a downward trend before, but now on the hourly chart, the macd has deviated, and the decline has failed! The market is about to turn around! The key support of the daily cycle is the 1902 position, which will most likely be the inflection point of this downward trend! The current position starts the multi-single layout!