After the convergence breakout of the golden triangle reached a new high, it has currently fallen about 10% from the new high.
It is expected to undergo a longer period of consolidation here; short-term speculators can take advantage of the next rebound to exit.
Recently, I've seen a lot of discussions about gold on various marketing accounts. The news about being trapped keeps coming, and the short-term sentiment has peaked. In the long run, gold will definitely reach new highs, but in the short term, it's necessary to escape.
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After the convergence breakout of the golden triangle reached a new high, it has currently fallen about 10% from the new high.
It is expected to undergo a longer period of consolidation here; short-term speculators can take advantage of the next rebound to exit.
Recently, I've seen a lot of discussions about gold on various marketing accounts. The news about being trapped keeps coming, and the short-term sentiment has peaked. In the long run, gold will definitely reach new highs, but in the short term, it's necessary to escape.