Gold fluctuates downward
The hourly structure of gold has changed from a horizontal overall structure, and the horizontal movement has formed a downward channel. The overall shape is shifted downward.
The price fell to 2650 and was at 2635. If it continues to move horizontally and continue to fall, it will test the 2620-2625 area below.
Overall, gold is in a high-level decline structure. The small-level trend is also in line with the expectation of weakening.
In terms of operation, it is still mainly rebound shorting.
Short-term upper 2645 line resistance
Short-term lower 2620 line support
The price fell to 2650 and was at 2635. If it continues to move horizontally and continue to fall, it will test the 2620-2625 area below.
Overall, gold is in a high-level decline structure. The small-level trend is also in line with the expectation of weakening.
In terms of operation, it is still mainly rebound shorting.
Short-term upper 2645 line resistance
Short-term lower 2620 line support
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