Important news from Israel!
Here is the real reason for the sudden plunge in gold prices
How to trade gold?
🚨The gold market has changed suddenly!
Internal strife in Israel caused the gold price to plunge
Trading masters teach you how to "bottom-fish"? ! 💸
💥A shocking news from Israel! Big brother Netanyahu suddenly announced the dissolution of the wartime cabinet. As soon as the news came out, the global gold market exploded!
😱I thought the situation in the Middle East would make gold prices rise, but I didn't expect that "the cooked duck flew away"!
📉The truth behind the plunge in gold prices is revealed! It turns out that the surge in US bond yields is the mastermind behind it! Just like "Sweetheart" suddenly became "Mrs. Niu", gold, a "non-interest-bearing asset", fell out of favor instantly! 😢
💡Trading masters come to help! So, how should we operate after the big correction of gold? Valencia said that the head and shoulders pattern remains intact, and the outlook for gold prices is neutral to bearish. Friends who want to buy at the bottom should be careful and don't be trapped by the "short trap"! 🤔
📈Where is the opportunity to buy at the bottom? If the gold price falls below $2,300/ounce, the first support level is $2,277/ounce. Of course, if the gold price can rebound and break through $2,387/ounce, then it will be "the sea is wide and the fish can jump"! 🚀
🔔Economic data is coming! Next, data such as US retail sales, initial jobless claims and initial PMI will be released one after another, and the gold market will usher in another wave of big tests! Friends, hurry up and get ready, don't miss this good opportunity to "make money"! 📊
🎉Summary: The situation in the Middle East is unpredictable, and the gold market is also volatile. But as long as we stay calm and analyze rationally, we can ride the wind and waves in the "gold sea" and set sail! 🌊
