Gold continues to fall

Yesterday, the Fed officials mentioned that the rate cut may be delayed until 2025, and the US dollar index was boosted again. The trend in the first two days of this week may be a preparation for further plunges. At present, the market is actually relatively clear. The key resistance above has gradually moved down to the 2325-27 line, which is the best short-term opportunity within the day. The short-term support below is 2290. This morning and before the European session, there was a slight rebound, but the overall trend itself is weak. It is not recommended to take more after three touches. Once it falls and breaks again, it is very likely to cause an accelerated plunge. The key support below 2295 is the best long opportunity, and the upper side gives 2312-15 to continue to take shorts.
Gold operation strategy: If gold rebounds and does not break the 2312-2315 line, go short, stop loss at 2322, and target the 2293-2295 line;

Trade active

Trade active:

Profit is our only goal in entering the market. If you have invested money but have not seen any return, you can contact me and I will help you.

Trade active:

Wish ya'll good luck

Trade active:

Our purpose of entering the market is to make money. I advise you not to treat trading as gambling, and don't trade with emotions. If your trading is not going well, you can contact me, which will help you with your trading.

Trade active

Trade active:

Our purpose of entering the market is to make money. I advise you not to treat trading as gambling, and don't trade with emotions. If your trading is not going well, you can contact me, which will help you with your trading.

Trade active:

There are many market news today, which need attention
1: Number of initial jobless claims in the United States this week‼️
2: Annualized quarterly rate of real GDP in the first quarter of the United States‼️
3: Final value of the quarterly rate of real personal consumption expenditure in the first quarter of the United States‼️
4: Annualized quarterly rate of core PCE price index in the first quarter of the United States‼️

Trade active

Trade active:

Profit is our only goal in entering the market. If you have invested money but have not seen any return, you can contact me and I will help you.

Trade active

Trade active:

Our purpose of entering the market is to make money. I advise you not to treat trading as gambling, and don't trade with emotions. If your trading is not going well, you can contact me, which will help you with your trading.