As the interest rate hike dust settles, gold may fall again

The long and short opportunities of gold yesterday were accurately predicted. In the afternoon, the member group suggested that the long target of 1962 should be more than 10 US dollars, and the evening review of 1974 short again won a drop of 10 US dollars. Since the Federal Reserve’s latest interest rate decision was announced in the early morning, the overall trend fluctuated repeatedly, and there were opportunities for both long and short positions. Since the market had already predicted the announced results in advance, gold was not affected by it. The data then went up again and hit a rebound high of 1978. Looking at the top today, we will continue to look at the downward trend before the long-short watershed in 1979.



According to my thinking, the main reason for the rise and fall of gold and silver is that: last night's rebound was close to the pressure of the 23.6% reverse of the golden section. If there is pressure here, the probability of gold continuing to fall is very high. Gold pressure 1979~1984, support 1965~1958~1952;


Gold operation recommends selling at 1976, stop loss at 1980, target 1965~1958


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life

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gold is bound to fall

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Gold is slowly falling, not not falling

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My analysis has always been very attentive, so my members have made money