Gold has broken through key support recently, and the three cycles all show that bears are dominant. If the price of gold continues to fall below 2860, the risk of a greater level of correction may be further released.
近期黄金连破关键支撑,三周期均显示空头占优。若金价继续下穿2860,更大级别的回调风险恐将进一步释放。
Spot gold fell below $2,860 an ounce for the first time since February 10, falling 0.61% during the day.
Spot gold broke through $2,860 an ounce, up 0.63% in the day.
On August 1st, Deribit pointed out in a report that Ethereum's solid support level of $2,860 indicates that it will rise to $4,500. Deribit said that the support level of $2,860 has been tested several times since July 5th, and now all eyes are on Ethereum. The strong support in July indicates strong buyer demand, which could lay the foundation for a high of $4,500. Deribit stressed that the "green light" from the regulatory authorities after the launch of the Ethereum ETF is expected to drive i...