$BTC Gold Midday Analysis


In the morning, whether on the hourly chart or the four-hour chart, gold remained flat in the first session, then started to rise steadily at midday.
It looked like it was about to reach the resistance level of 4185, but then it pulled back again. Is it really being suppressed?
On the hourly chart, the Bollinger Bands are widening, indicating some change at last.
So, will the upward move continue to see if 4185 can be broken?
After reaching the target level, it may consolidate, around 4160, as it is a volatile trend and there won't be too many one-sided moves.
BTC0.76%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned