$BTC June 21 Gold Price Trend Analysis


Since the continuous decline from 4384, recent gold movements have remained volatile, with little change overall, roughly 10 points up or down. Yesterday's high was 4166, and the low was 4153.
Today, it is still viewed as a consolidation trend, with a balanced tug-of-war, and neither side able to break out into a sustained trend. Today continues the consolidation pattern, with the 4-hour Bollinger Bands remaining flat overall, and the range-bound effect is obvious. It is very difficult to see a large upward or downward trend in the short term, and the consolidation approach remains unchanged.
Upper resistance: 4185-4200
Lower support: 4120-4020
BTC0.76%
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