Brother Liang Makes Money Every Day — 12.4 Gold Morning Commentary!
Gold remains in a consolidation trend overall. Last night, after a bullish spike from the ADP report, it continued to fall back, and selling at the highs brought us a smooth three-win streak. Although gold is mainly consolidating at the moment, a deep short-term pullback is unlikely.
From a technical perspective, gold is still oscillating within a range on the 1-hour chart. Pay close attention to support around 4190 below. If the price pulls back to the 4190 support during the morning session, there may be a short-term rebound
View OriginalGold remains in a consolidation trend overall. Last night, after a bullish spike from the ADP report, it continued to fall back, and selling at the highs brought us a smooth three-win streak. Although gold is mainly consolidating at the moment, a deep short-term pullback is unlikely.
From a technical perspective, gold is still oscillating within a range on the 1-hour chart. Pay close attention to support around 4190 below. If the price pulls back to the 4190 support during the morning session, there may be a short-term rebound























