Technically, looking at the D1 technical chart, it can be seen that the gold price is moving in a falling wedge model. Next week, the price will likely drop to around 1880-1850 if the basic information causes uncertainty. beneficial for gold prices, on the contrary, if the information is beneficial and at the same time the gold price reverses and breaks out of the 1950 resistance area, it can rise to the 1985 level.
Next week's trading plan will consider buying around 1855 and selling around 1985, accepting a stop loss of 5 prices for each turn.
Ginny Nguyễn
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