The gold price has reached the sideways fluctuation range expected by Quid. This matches my morning prediction.
From the 4-hour trend:
Gold has now broken through the first upward resistance level predicted by Quid, and is currently fluctuating slightly in the 3315-3320 range.
The current upward resistance position is around 3330. The lower support is currently located at 3275-85. If gold does not retreat, then the upward trend may test the position around 3350.
On the contrary, if gold chooses to retreat, traders need to pay attention to the 3275-3285 decline range.
Quid believes that as long as gold retreats and stabilizes in the 3275-3285 range, then a long operation strategy can be carried out at this position.
The current upper high is still at 3350. If the upward resistance level of 3350 is broken later, I expect the price of gold to reach a height of 3380-3420.
From the 4-hour trend:
Gold has now broken through the first upward resistance level predicted by Quid, and is currently fluctuating slightly in the 3315-3320 range.
The current upward resistance position is around 3330. The lower support is currently located at 3275-85. If gold does not retreat, then the upward trend may test the position around 3350.
On the contrary, if gold chooses to retreat, traders need to pay attention to the 3275-3285 decline range.
Quid believes that as long as gold retreats and stabilizes in the 3275-3285 range, then a long operation strategy can be carried out at this position.
The current upper high is still at 3350. If the upward resistance level of 3350 is broken later, I expect the price of gold to reach a height of 3380-3420.
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