Bad result caused by raising interest rate makes SVB bankrupt. No matter how FDIC and FED support, this will postpone or even stop FED raising interest rate again. Furthermore, will help the bullish trend of gold. * 1st supporting:1865. 2nd supporting:1855. * 1st resistance:1900. 2nd resistance:1920. * Bull & bear boundary:1845. All SL of buying orders move up to 1843.
Gold on the flag – April 01 , 2023
Gold breaks the flag and the first target is equal to the height of