Gold prices hit one-month low

27 sept. 2023

Gold fell below the 1900 support level yesterday as the dollar strengthened and Treasury yields rose. The pressure on the precious metals market mainly comes from the strength of the US dollar and last week's Fed's speech which pushed the US dollar to highs.

In short-term gold trading, pay attention to the pullback around 1908. The overall trend is bearish.

27 sept. 2023

Note

Only when the gold price rebounds and breaks through 1913.15 can the market's bearish direction be stopped

27 sept. 2023

Note

Gold will briefly pull back around 1895-1898

27 sept. 2023

Transaction en cours

Pay attention to the adjustment and rebound of the US market.

27 sept. 2023

Transaction en cours

27 sept. 2023

Note

The market direction remains Bearish. The current trading trend will be a correction and a slow fall. 1965-1985 is the main range.

Seize the opportunity and don't trade blindly.

27 sept. 2023

Transaction en cours