$XAU It looks like the US-Iran situation is escalating or about to escalate, but in reality, it was already evident from the K-line a few days ago that it was about to rebound and break through. Therefore, the price will show signs before the event occurs, and everything will be reflected on the K-chart, and reflected in advance. The more participants in the market, the more obvious these signs will be. So we should focus on trading with high volume, as it’s less likely to be manipulated. Gold still has room to rise, possibly rebounding up to 5,400, but not necessarily. $XAU So, a pullback is an opportunity.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XAU It looks like the US-Iran situation is escalating or about to escalate, but in reality, it was already evident from the K-line a few days ago that it was about to rebound and break through. Therefore, the price will show signs before the event occurs, and everything will be reflected on the K-chart, and reflected in advance. The more participants in the market, the more obvious these signs will be. So we should focus on trading with high volume, as it’s less likely to be manipulated. Gold still has room to rise, possibly rebounding up to 5,400, but not necessarily. $XAU So, a pullback is an opportunity.