Web3Educator
#美联储降息 December 15 Morning Market Overview
From the hourly chart, Gold's recent rally has been quite strong. It first broke through the 4300 USD round number, then surged to 4353.43 USD, and has since started to pull back.
Currently, the price is above the 5-day moving average, and the 20-day moving average is providing some support. The short-term moving averages are still close together, which basically indicates that bulls and bears are still in a tug-of-war. However, the KDJ indicator has dropped below 50 and is heading downward, implying that the bullish momentum is waning and a test of s
View OriginalFrom the hourly chart, Gold's recent rally has been quite strong. It first broke through the 4300 USD round number, then surged to 4353.43 USD, and has since started to pull back.
Currently, the price is above the 5-day moving average, and the 20-day moving average is providing some support. The short-term moving averages are still close together, which basically indicates that bulls and bears are still in a tug-of-war. However, the KDJ indicator has dropped below 50 and is heading downward, implying that the bullish momentum is waning and a test of s