3.3 The stock market may enter a short-term trading range
※This article does not instruct or recommend buy/sell timing.
Please make your own investment decisions.
It was analyzed that there would be a rebound around 1700 dollars with about 5 dollars, but it hit 1707 dollars and showed a rebound of about 30 dollars.
Considering the background of rising dollar strength, it is thought that the risk-off migration to cheaper gold occurred due to the stock market weakness during the day.
Looking at the short-term trend, even if you consider the point around 1775 dollars, which started a move below 1760 as the starting point, it is still positioned within a downward trend as a short-term trend, and although the price range is reasonably large, it is likely in a downtrend.
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