Gold price today's time window
From the chart below, it can be seen that the international gold price shows an upward trend on the Bollinger Bands, which is a typical one-sided Bollinger pattern. We can also see that the moving averages are arranged in a bullish pattern. So, the upward structure remains very intact.
Fundamentally, Trump is playing big tricks again. To tell the truth, we have to pay close attention to his comments, because he is really the final say of the rise and fall of the market.
Additionally, today is a window of time and the market outlook is bearish. If we only consider from the perspective of time window, today is just looking for a high point to short sell, and the 2870 line is the opening point.
There are two supports for the future gold price, $2858 and $2842.
Tomorrow is off farm, so today shouldn't see a significant increase like the previous two days. Yesterday, I communicated with a friend of an analyst and found that there is a demand for a pullback in both spatial and temporal aspects of gold prices.
Conventional technical analysis and fundamentals are bullish, while the time window is bearish, which is quite tight. It's been so long, let's talk about it in the window of time today.
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