Gold price are moving in line with the analysis from last week. And this week, the price trend remains upward.
However, there will be a pause and a trend to peak around 2430 to conclude the first upward movement in The First Million – Dollar – Pattern. This is further reinforced when combined with the analysis of the dollar strength index trend.
Wait for the price to retrace to around the 2400 level; then we will have the opportunity to enter the market and follow the trend.
However, t1 may not stop at 2430, so make sure you adhere to risk management principles correctly to create a sustainable profit flow.
Wishing investors intelligent and effective investment strategies. And stay tuned for the next gold price news.
By. Pham Thanh Bien
