Gold narrow adjustment

In the Asian session, after the gold price broke through 2640, it has been maintained in a narrow adjustment range of 2653-2650 in the short term. After entering the US session, the price weakened to 2646, but then rose again. At present, gold has formed a narrow adjustment range between 2645-2655 in the short term.

From the hourly line, gold is still in the upward channel and slowly rising, but the directional indicators have not yet been clearly formed in the form. In this case, the best strategy at present is to wait patiently and pay attention to the breakthrough in the range.

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