Gold, a temporary bottom has appeared!
Attention everyone, the golden phase bottom may have already appeared!
On the last trading day, I said that the short-term adjustment of gold has not yet ended because the key area is at 2626, and now it has closed below this level within an hour. The short-term bottom structure has already emerged!
I have always emphasized that the mid-term turning point of the daily chart is at 2560. Above this area, any short-term decline is only defined as an adjustment. In other words, the closer the gold price is to the 2560 area, the closer it is to the bottom buying opportunity!
Of course, ideals are always full. In this round, the lowest point for gold has been reached in the 25th century, and since the 1980s, there has been a strong rebound. As of now, after closing above 2626, the short-term bottom structure has emerged! Therefore, I believe that we can follow the bullish trend in the mid-term of the daily chart and directly get on the train and head north!
But everyone still needs to pay attention to the 2638 area. More precisely, if we can break through 2638 today, we can unleash greater potential for growth!
But now what we need to do is to get on the car first and gradually follow up by dividing the warehouses!
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