Follow me: Gold waits to fall, hold empty orders patiently

7 ביוני 2023

Follow me: Gold waits to fall, hold empty orders patiently

So under the current long-short shock game, will gold go up or down in the future?

As the probability of economic recession is expected to be lowered, under the influence of high inflation, the Fed’s hawkish voices continue to maintain high interest rates or raise interest rates, which continues to be negative for gold.

In terms of technology, it peaked three times, and the weekly line fell three times in a row. In terms of the trend, the short trend of peaking has already been formed, and then it only needs to be given time to complete the trend.

In the evening, gold continued to operate with short positions, holding short orders at 1965, and waiting for a fall.

7 ביוני 2023

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