The 4-hour trend of gold does not break and continue to do more

Key data that investors need to pay attention to on July 19: UK June CPI annual rate, UK June core CPI annual rate, UK June retail price index annual rate, UK June import PPI annual rate without seasonal adjustment, Eurozone June core Adjusted CPI annual rate-seasonal adjustment final value, Eurozone June adjusted CPI annual rate June-seasonal adjustment final value, US June construction permit monthly rate initial value, US June new housing starts annualized monthly rate, EIA crude oil for the week as of 7 U.S. inventory changes for July 14, and U.S. EIA gasoline inventory changes for the week ended July 14. Notable events to watch include ECB Governing Council Vujčić speech.


Gold rose more than 1% on Tuesday to hit a new high in more than a month, boosted by a weaker dollar and lower U.S. Treasury yields, as investors bet that recent U.S. economic data will give the Federal Reserve a reason to pause rate hikes.


Gold started to rise in the US market yesterday and is currently under pressure at the 4-hour pressure level. Focus on the strength of the gold callback today. As long as the adjustment does not break through the 4-hour trend line support, continue to do more.


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life

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I just want you to see my precise analysis signal

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Gold is still adjusting

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gold is slowly rising