Today's gold price analysis: Return to the 2630-2680 range
Updated
Today's gold price analysis: Return to the 2630-2680 range
Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong! '"
Williams' gold weather forecast:
Straight lines belong to humans, curves belong to God
As shown in the figure:
We have been waiting for an optimal fluctuation range from yesterday to now: 2630-2680
Once the gold price returns to the middle area, the 2630-2680 range will be the easiest range for all traders to make money.
Whether you are long or short in this range, as long as you can hold it patiently, you may make money from it. The adjustment period of this range is estimated to be about 1 week.
Why do you say that?
It's like a pregnant woman who doesn't go through ten months of stable pregnancy. How can you give birth to a healthy child during this period?
If the current gold price wants to explode into a new round of sharp decline or surge, it needs such a pregnancy period. To accumulate energy.
Then the repeated fluctuations in the 2630-2680 range are the best gestation period.
So, in the short term
I insist that the gold price will still return, because the 2630-2680 range is the best choice for all possible future trends.
If you also like and approve of my article, I sincerely hope to get your feedback and comments. I will reply one by one and send my sincere blessings and thanks.
Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong! '"
Williams' gold weather forecast:
Straight lines belong to humans, curves belong to God
As shown in the figure:
We have been waiting for an optimal fluctuation range from yesterday to now: 2630-2680
Once the gold price returns to the middle area, the 2630-2680 range will be the easiest range for all traders to make money.
Whether you are long or short in this range, as long as you can hold it patiently, you may make money from it. The adjustment period of this range is estimated to be about 1 week.
Why do you say that?
It's like a pregnant woman who doesn't go through ten months of stable pregnancy. How can you give birth to a healthy child during this period?
If the current gold price wants to explode into a new round of sharp decline or surge, it needs such a pregnancy period. To accumulate energy.
Then the repeated fluctuations in the 2630-2680 range are the best gestation period.
So, in the short term
I insist that the gold price will still return, because the 2630-2680 range is the best choice for all possible future trends.
If you also like and approve of my article, I sincerely hope to get your feedback and comments. I will reply one by one and send my sincere blessings and thanks.
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CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
CFA,Portfolio Manager/Quantitative Research Analyst Long-term investment in gold, Bitcoin, foreign exchange, etc.
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