The range of 2163-2165 is still a buying opportunity

After the European market started, gold began to fluctuate and fall. It reached a low of 2163 during the day. However, careful friends found that the US dollar continued to fluctuate around 104.3, without major fluctuations. In other words, short selling is just a behavior of the European market. DXY

Modern Jack believes that the gold shock in the European market is just an attempt by short sellers, not a real short seller. We can continue to wait for developments in the US market. Asian markets generally start with news. On the contrary, the US market is more of the beginning of actual action.

At present, the price of gold still remains near 2168, which is 4 US dollars higher than the opening price. At present, bulls still have a certain advantage.

Jack believes it is still a time to buy. The price of gold is supported by risk aversion in the market. The factor for the decline may be due to the reduction of ETF holdings. When demand increases. I think there is still a need for gold prices to continue to rise. XAUUSD GOLD GOLD1!

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Buying gold at low levels still makes small progress

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The dollar has remained within this range.

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If the US dollar still remains within a narrow range around 104.3. 2173-2174 is still a good selling range and time.

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You can continue to sell in the 2170 range

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In gold, the market needs to focus on the upcoming speech by Federal Reserve Governor Lisa Cook on the Fed's dual mission. As well as the release of the Dallas Fed Business Activity Index in March