8.17 Gold Evening Strategy
4390 is the key dividing line for tonight’s market action.
On the upside, first look at 4413, 4424, and 4438. Only if price breaks through smoothly can it aim for 4445. Pay special attention to late-evening news on the situation between the US and Iran.
In the evening, continue watching whether price drops below 4390. If the market weakens, first look at support at 4379; if it keeps falling, watch 4368 and 4356.
Expect back-and-forth fluctuations in the market. Don’t chase rallies or selloffs—be patient and wait for the right opportunity. #gold
4390 is the key dividing line for tonight’s market action.
On the upside, first look at 4413, 4424, and 4438. Only if price breaks through smoothly can it aim for 4445. Pay special attention to late-evening news on the situation between the US and Iran.
In the evening, continue watching whether price drops below 4390. If the market weakens, first look at support at 4379; if it keeps falling, watch 4368 and 4356.
Expect back-and-forth fluctuations in the market. Don’t chase rallies or selloffs—be patient and wait for the right opportunity. #gold