Is the price of gold futures optimistic?
From the chart, the gold price rebounded to $65,438 +0.527 after the test, and the important support level at the end of last year is still valid. However, the latest second quarter report of the World Gold Council also shows that the global demand for gold has declined, and the trend still exists. Upper resistance 1.620 USD, lower support 1.520 USD, and amplitude 1.520 USD to 1.620 USD.