In the analysis video yesterday morning, we had a sell contract at the beginning of the video from the 2408 level and we were waiting to test the 2417 level to add another sell position… falling to their targets , achieving about 28 drops.. It was a very successful deal, praise be to God.
Today the markets await the statement of the People’s Bank of China [المركزي الصيني] At 12 noon UAE time [الساعة 11 صباحا بتوقيت السعودية] In which China will announce whether it has bought new gold and added to its gold reserves, or whether it has stopped buying gold for the third month in a row which will have a major impact on the movement of gold and the price range wide for expected gold prices.
Gold has basically been boiling on a hot plate since last weekend’s US labor market data until now So, China will support the return of gold for final attempts to consolidate … blow blow.
What about the main price levels for Prices Gold?
What is the most important economic data today?
How about technical analysis for ?
You can find all the details in a short and useful way in the video below.
We will follow you about the price change in the upcoming articles, and for faster and more continuous updates, you can follow
My account on the X platform [تويتر]
@GhaithAbohlal
Where you can interact through comments at any time
Note in the margin of the article:
. Trading markets are constantly changing in their direction, and depend on a lot of data and news, as well as major banks and market makers who often drive the market, even against reality and logic sometimes.
. The above comments and opinions are a summary of the analysis, and they are not direct recommendations, but advice to followers, including that no one can continuously profit receive from trading activity, even large investors.
. Therefore, we always try to reduce losses and increase profits according to the analysis and insight of the price trading method, by using many integrated and different research methods to try to get the most results better reach.
. We must work hard, and God is the Giver of success.
2024-08-07 13:00:56
#Gold #demolition #China #today #Investing.com
