August 4th, Wanxin Afternoon Analysis:
Affected repeatedly by news regarding the Middle East situation, the price briefly bottomed out, then saw a small rebound.
In terms of the hourly structure, this rebound phase is a repair after a decline. Without holding above 4068, the bigger trend has not fully reversed.
Gold around 4042-4039…
Rebound around 4060-4065, nearby #黄金代币化
Affected repeatedly by news regarding the Middle East situation, the price briefly bottomed out, then saw a small rebound.
In terms of the hourly structure, this rebound phase is a repair after a decline. Without holding above 4068, the bigger trend has not fully reversed.
Gold around 4042-4039…
Rebound around 4060-4065, nearby #黄金代币化