Yesterday, gold was resisted at 1939. When the news about Powell appeared, it quickly fell below 1920, and then rose rapidly.
Haha, Powell is really a great helper for the bears.
There is still important data today, and Powell will attend the hearing again. Guess, will gold fall today?
Except for the fundamentals, in the technical form and 2h chart, MACD has a tendency to form a dead cross. If it is formed, let’s look at the support near 1913 first. I will post my views on the channel later, and you can watch it.
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We closed some orders in 1920 and made some money
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Powell let gold fall again, he is really a good helper for the bears
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it came around 1913
