Today’s Asian session trend is about the same as yesterday’s. On the larger timeframe, the market is indeed bearish, but in the short term the rebound trend is also very strong. After the gold price bounced to $4,318 in the morning, it dipped slightly; however, with insufficient follow-through momentum, the gold price has now returned to around $4,310.
In the afternoon, during the European session, first look for a rebound in line with the trend. First, watch the early-session high at $4,318. If the European session can effectively break above $4,318, then you can look toward the resistance zone of $4,340–$4,355.#黄金 #伦敦金 $XAUT
In the afternoon, during the European session, first look for a rebound in line with the trend. First, watch the early-session high at $4,318. If the European session can effectively break above $4,318, then you can look toward the resistance zone of $4,340–$4,355.#黄金 #伦敦金 $XAUT
