Post
4.28
Gold weekly likely to close bearish again
Focus on the 4700-4730 resistance zone on the daily chart
Prime area for shorts!
Daily is moving at a slow pace, with support at 4660, which has been tested 3 times already; the support is weakening. If it breaks, we could see the Fibonacci 0.618-0.5 levels (that is, the 4550-4580 range).
In short, the rise from 4098 to 4891 was just a bounce!
#黄金 #黄金下跌 #XAU_USD
Gold weekly likely to close bearish again
Focus on the 4700-4730 resistance zone on the daily chart
Prime area for shorts!
Daily is moving at a slow pace, with support at 4660, which has been tested 3 times already; the support is weakening. If it breaks, we could see the Fibonacci 0.618-0.5 levels (that is, the 4550-4580 range).
In short, the rise from 4098 to 4891 was just a bounce!
#黄金 #黄金下跌 #XAU_USD
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