Gold: Long-Term Upward Momentum

2023年7月16日

Gold is moving within a long-term upward trend. It has retraced back to the Fibonacci 0.618 level and reacted to it, breaking the corrective trendline. I anticipate that after a pullback, it will once again target higher levels.

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2023年7月18日

交易進行

After a mild correction, gold broke through the resistance and targeted higher levels. After another brief correction, we await further continuation.