Brothers, please be optimistic, the time to buy is here!

20 小時前

Today, it was surprising to see GOLD test a key support area near 2630 without any apparent reason. Despite significant events and issues last week, GOLD didn’t drop this low until now. Overall, GOLD remains a peculiar and manipulated instrument.

Many might interpret this as a profit-taking process. However, considering the recent war conflict and the FOMC rate cut, which caused market turmoil in the past months, GOLD should have surged. Yet, as we see, nothing significant is happening because manipulation has already pushed the price too high.

If any unusual bearish move occurs, it will likely be due to manipulation, as I mentioned in previous analyses. Even if the price moves above 2685 without any clear reason, it will be due to manipulation rather than technical factors unless supported by news.

Technical Analysis:
If the price respects the current pattern and fundamental developments, GOLD is already near a key support zone and is likely to push up again, as shown on the chart. Since September 20, In 2024, the price has been moving within a large pattern between 2625 and 2685. If the price respects the technical analysis, we should see GOLD rising again within this pattern.

4 分鐘前

交易進行

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