The probability of gold hitting new low in the short term is low
Hello tradersļ¼ Overall, gold’s daily chart shows a shift from strength to weakness, with the upward momentum abruptly halted. It has entered a short-term correction phase, but the medium-term bullish trend has not collapsed. This pullback is a consolidation phase after the initial rise, not a complete reversal. Yesterday, gold rebounded significantly after testing the…
