When trading gold, you can't just focus on gold!

Pay attention to the watershed of intraday rise and fall of 2850. Once it falls below, gold may face a larger retracement and correction.
Today I emphasize that the 2850 area is the watershed of long and short, no matter when.
At the same time, the yield of 10-year US Treasury bonds has been rising today, which is bad for gold. Whether it can become a signal that gold has peaked remains to be observed.
The US stock market fell sharply today, leading gold to fall with it. This year, the US stock market and gold will be linked, and both will fall simultaneously.
Many friends only pay attention to the rise and fall of gold, where to buy and where to sell. It can't be said that it's wrong, but just knowing the rise and fall is not trading, and it's betting on size.

To trade, you need to resonate and make linkage signals. Just focus on the US dollar and gold. In the context of the economy in 2025, it will not be done well. It is not suitable for the current market.

Penafian