In the afternoon, gold dropped directly from 4959 to the 4900 level. This wave of decline cut many long positions in half. The current afternoon gold price is higher, with a short-term move from 4945 to 4958, exiting at 13:00. Although the swing wasn't fully captured, it's still better than taking a loss.
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In the afternoon, gold dropped directly from 4959 to the 4900 level. This wave of decline cut many long positions in half. The current afternoon gold price is higher, with a short-term move from 4945 to 4958, exiting at 13:00. Although the swing wasn't fully captured, it's still better than taking a loss.