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$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.