Gold is still in the bullish expectations, and the rapid adjustment last Friday finally back to a reasonable range.
At the beginning of the week, a steady signal near 40 is needed. The 60-64/81-84 range is the expected key bull target zero. The intra-week consolidiation is expected to consider the adjustment of the 20-60 interval, and after the middle of the week, make a reverse bet on the left side.
The core risk of a strong decline to the 1700 may require the Treasury bond yields and the dollar to go out of the same highly rise. Therefore, the market outlook is more likely to be bullish.
At the beginning of the week, a steady signal near 40 is needed. The 60-64/81-84 range is the expected key bull target zero. The intra-week consolidiation is expected to consider the adjustment of the 20-60 interval, and after the middle of the week, make a reverse bet on the left side.
The core risk of a strong decline to the 1700 may require the Treasury bond yields and the dollar to go out of the same highly rise. Therefore, the market outlook is more likely to be bullish.
Trade active:
hit the target 1783