This week’s gold holiday wrap-up ✨(8.24‑8.28)
This week, gold traded in a range with oscillations at high levels. The aggro players repeatedly tested each other, and overall price moved back and forth within the high-level zone, waiting for major news to land.
From Monday to Wednesday, the market showed stronger-than-usual trading in high zones. The low-aggression approach was basically realized—friends who followed the pace did well!
On Thursday, the market kept bouncing again. The continuation of upward momentum was relatively weak, and prices were whipsawed on smaller timeframes.
On Friday, remarks at the Jackson Hole annual symposium came in on the hawkish side, and gold price (jin价) saw a quick drop—indicating a change in the short-term direction.
Going forward, keep a sustainable watch: time your entries and exits based on key support and resistance, follow my steps, and seize the upcoming swing opportunities.#黄金