Although Iran has released a signal of easing, Israel's action plan remains unchanged and the situation remains tense. Just recently, Israeli missiles attacked Iran's national news TV station.
Gold has only fallen back, and it is definitely not turning around. Gold continues to be bullish, and there are still long positions near 3400. Overall, it continues to look above 3460.
With the situation easing, it began to pull back. The fermentation of this round of news has restrained the big funds and did not test the high point of 3500 upwards. Overall, the increase in gold prices is not large, and there is still a process of pulling. The fundamentals have not changed, and gold is still in a bull market.
Today's trend is obviously still mainly washing the market. The big negative line came down and then pulled up strongly.
The bottom line is 3380.
It is obviously the support of the market and the bottom signal. This 3380 is the previous high point and the future support. At present, it is to keep an eye on this position and continue to increase positions near 3400. It's that simple.
Within the framework of controllable risks, we will continue to create safe and reliable value growth for trust. Free trading signals ☛t.me/+arTT14Fe44tkMzAx
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Within the framework of controllable risks, we will continue to create safe and reliable value growth for trust. Free trading signals ☛t.me/+arTT14Fe44tkMzAx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.