The fluctuations in gold's initial jobless claims data yesterday were very average. The data could not directly change the direction of gold prices. Gold has not yet come out of the volatile range. In addition, the gold price is currently close to last night's high pressure level of 2025. Considering that the gold price will still remain unchanged in the future. The volatile trend will continue, so I think we can sell it directly in 2023!
Technically, the current one-hour K-line has pierced the pressure of the moving average, but it is not enough to directly break through and stand firm. The moving average currently shows a dead cross and diverges downwards. Technically, it shows a bearish trend. We will look at the short-selling targets first. Support 2010 towards last night's low!
Gold 2023Sell, stop loss 2031, target 2010
Good luck to everyone
Technically, the current one-hour K-line has pierced the pressure of the moving average, but it is not enough to directly break through and stand firm. The moving average currently shows a dead cross and diverges downwards. Technically, it shows a bearish trend. We will look at the short-selling targets first. Support 2010 towards last night's low!
Gold 2023Sell, stop loss 2031, target 2010
Good luck to everyone
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