Gold prices will continue to break historical highs
The gold price trend since February is somewhat similar to the same period last year. Whether it's forcing the market, being manipulated, or avoiding tariffs, there are hardly any substantial negative factors appearing.
Technically, the monthly, weekly, daily, and upward structures remain intact. Still maintaining a trend of 'low points constantly rising, high points constantly rising'.
We cannot guess where the top is now because it is in an upward trend, and it's a bit of guessing to say the top in the trend.
We can see that this' N-type 'upward trend is constantly being replicated and interpreted. If the N-type continues to perform, the pressure of the $2942.5 front line will be broken sooner or later. And we can also draw a pattern from the previous N-type trend, that the so-called high pressure in the early stage mostly has no suppressive effect.
So, it is more appropriate to enter the market in batches, and if there is a decline, make up for it by lowering the average price and controlling the total position. This is a more suitable way of participation.
In my opinion, reaching $2952 and $2968 in the future is not a big problem.
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