3.26 Technical analysis of short-term gold operations

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Gold is still supported by risk aversion, but it quickly fell back after rising. In fact, the support of safe-haven gold is not surprising. However, since the gold bulls did not continue, it means that the space for gold bulls is also limited. Gold rose and fell in the US market. Gold was directly short at 3032. Gold fell as expected. The US market rebounded high and was still short.

Gold's 1-hour moving average is still in a downward dead cross. Gold bulls cannot reverse the situation. Gold fell directly to 3035 in the US market under pressure.

Support level: 3018 3005 3000

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