Gold trend analysis

2023年8月14日

Although the price of gold fell to a certain extent today to 1902, it rebounded to around 1911 in a short period of time. As the US economic data continued to support the Fed's tendency to tighten monetary policy, the gold market fell into neutral. The recent weakness may be seen as A buying opportunity as the market waits for a fresh spark to spark a broader rally. So I think the price of gold will still go up
trading signal:
buy 1900-1905 tp1912-1917


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2023年8月15日

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2023年8月15日

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Today we will focus on the monthly rate of retail sales in July in the United States, the New York Fed manufacturing index in August in the United States, the monthly rate of import price index in July in the United States, and the monthly rate of commercial inventories in June in the United States.

2023年8月15日

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2023年8月16日

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So I think today when the price of gold reaches around 1900, you can still choose to buy, with a target profit of 5-7 US dollars