Gold price

[Gold technical analysis]: Looking at the gold daily line, gold previously shot up near $2,431 and then fell sharply by nearly $100. Although it rebounded, it was blocked near 2,400 until it opened last Friday due to the impact of Israel’s attack on Iran. Later, it rose to around 2417, and finally closed at the 2390 line. Gold failed to hit a new historical high. It continued to fall at the opening on Monday, with a sharp drop of 60 US dollars, and closed a big negative line. Overall, the trend is still bearish. The bottom is expected to test the support at the 2300 mark first, followed by the support near 2265. Looking at the four-hour line, gold has been falling since the opening on Monday and continued to close down by 60 US dollars to around 2324. It was at a low level in late trading. Currently, the middle and lower rails of the Bollinger Bands are opening downwards. The price of gold is near the lower rails. The MACD green energy column is increasing. , the overall…