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On April 10th, London Gold is at $4,788 per ounce, up 1.56%, while domestic Gold T+D is at 1,054 yuan per gram, up 1.15%. Driven by expectations of U.S. CPI data tonight, a retreat of the dollar, and low-level buying, gold prices have stopped falling and rebounded, oscillating upward. In the short term, the range of $4,720 to $4,800 will be a battle zone; if CPI exceeds expectations, volatility will increase. Resistance is at 4,800, support at 4,680, leaning towards oscillation and a slight bullish bias.
This challenge has already yielded a 3.4k profit. Today, two new followers joined the trading group. A quick reminder: I tend to be aggressive with my trades. Please withdraw your daily profits to facilitate further position increases or new trades. Combining the daily Bollinger Bands with upward oscillation, but short-term will undergo a correction. #Gate广场四月发帖挑战 #黄金