Gold surged higher and fell again, signaling an imminent decline

3月19日

At present, there is a suppression signal below 3045, but it may take some time to consolidate. It fell back under pressure on Wednesday morning, and stabilized and rose briefly to 3045 after touching the middle track. Then there was a small dive to 3022 in the European session and then rose again. This is obviously a high-level sweep, and the market has begun to fight fiercely for longs and shorts; it may go back and forth in the high range of 3020-3045, and finally wait for the announcement of the interest rate decision to stimulate and guide. If the news of the interest rate cut is implemented, it is still predicted that there will be a wave of "selling facts" decline, and then stabilize and bottom out and rise to counterattack. Then the next operation suggestion is to try to correct the decline at a high level, and continue to go up along the trend after touching 3015 or 3000 or 2980. The decline correction and squat adjustment are all preparations for further historical highs in the future.

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3月19日

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