Golden Trend

In terms of the overall structure, the overall trend is still a large fluctuation in the range of 8,600-10,000 US dollars. It does not break the support of 8,600 US dollars. Currently, it is treated as a volatile market, and the operation is to sell high. In response to buying low, in terms of technical graphics, the current price has not broken through the downward trend line support. It only slowly fluctuates downward along the trend line, and will test the 8600 support downwards when the volume falls below it.

The recent pressure is in the 9250-9300 range. Spot positions can be reduced first when rebounding to this area, and short contract orders can be intervened. The current price is still below the 60-day moving average. It is a weak position in the medium term, but there is a rebound in the short term. need.