Hello everyone, the U.S. dollar index has experienced a short-term decline recently and has now fallen to around 105. 70. A weaker dollar exchange rate has a positive impact on gold prices. It was mentioned yesterday that if the gold price breaks through 1865, it will trigger a new round of rise. It is currently trading in the 1868 area, which keeps the bullish trend valid and can still continue to do long at short-term lows.
Today, focus on the resistance in the 1880 area above.
Today, focus on the resistance in the 1880 area above.
Trade attivo:
Buying at 1861, the profit target is reached.
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He will test the resistance in the 1880 area.
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Pay attention to the key U.S. CPI data to be released tomorrow, which may usher in new fluctuations.
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This is consistent with my prediction, gold price exceeded 1880.
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You can continue to go long in the 1870-1873 area.
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Trade attivo:
Perfect prediction, two-way profit.
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