Will gold continue to fall?Where is gold going to fall?

Yesterday, gold continued to fall as scheduled, and the recovery of the dollar index also helped gold bears release momentum. Judging from the current daily K-line pattern and technical indicators will continue to release the pressure of the previous top divergence, there will be a possibility of a continued pullback in gold in the short term.Judging from the structural behavior of yesterday's continuous decline and weak rebound, gold has not yet shown a signal to completely stop the decline.

Judging from the current gold trend, the intraday trend is still biased towards the correction trend after the decline, and there is still an expectation of continued decline after the correction.In addition, in the recent trend of gold, the Asian market has maintained its recovery and the European and American markets have fallen, so there are still bearish expectations after the recovery of gold.

In the short term: pay attention to the resistance of 2010 above, and observe the defense of 1980 below.

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