The price fell back. Watch out for a breakthrough.

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After reaching the resistance position near 3345 predicted by Quaid, the price fell back slightly, and the price fluctuated around 3335 so far.

From the hourly chart, before the price stabilizes at 3345, it is likely to maintain a range of 3330-3345. 3330-3345 is a temporary range. If it stands firm and breaks above 3345 again, the fluctuation range will become 3345-3360.

On the contrary, if it falls below 3330, the range may drop to 3320-3330. However, as long as the downward trend does not fall below 3320, gold will still maintain a bullish trend. If the price breaks down below 3320, today’s trend will be reversed.

As long as it is above 3320, gold will maintain a bullish trend today.

On the last trading day of this week, I wish all traders a good harvest.

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