A technical analyst said spot gold’s current positioning is concentrated around a lower-end “chip peak,” which may provide firm price support.
According to Jin10, analyst Liu said that if spot gold can hold above the upper boundary of the dense positioning area around the 43XX level, the market would move into a thinner positioning zone where price acceleration is possible.
PRECIOUS METALS | Spot Gold Holds Support Near Lower-End Positioning Cluster, Analyst Says
2026-06-08 12:55:27
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