Gold breaks and turns upward! Will it break through 3403? Or wilGOLD (US$/OZ)TVC:GOLDjiqeu1 Gold fluctuated sideways for another day in this transaction, and only showed signs of further upward attack near the US market. The current gold price is around $3,400/ounce. The gold price is falling from the more than one-month high of $3,403/ounce hit in the early Asian session on Tuesday, and fell to the lowest level of 3,383 before turning around again. So how will the trend be today? Let me explain it to you below! Why did gold rise across the board this week? 1 On Monday, the uncertainty surrounding the trade agreement between the United States, Japan and the European Union increased, raising concerns about the prospects for US economic growth and suppressing the US dollar. The fate of gold is still closely tied to the trend of the US dollar, which is currently under pressure from US President Trump's tariff negotiations. 2 In addition, Trump has repeatedly called on Federal Reserve Chairman Powell to resign, raising concerns about the independence of the Federal Reserve, causing US bond yields to continue to decline, and also putting pressure on the US dollar. The record rise in Wall Street stock indexes has weakened the safe-haven appeal of the US dollar and the attractiveness of yields, thereby helping gold prices to continue their gains since Friday. What do you think of the future trend of gold! From the current market situation, the trend is still in a very strong market, and the current high point of 3403 is in danger. It can only be said that if it breaks through again today, the upper pressure needs to see the 3420 line. This week's trend has not given any chance to step back. It is either a slow rise or a sudden strength in the sideways market. There is basically no chance to enter the market at a suitable position! From the current 4-hour trend, there is basically no escape from today's strength, and the current problem is actually whether there is a suitable entry opportunity. Prepare for both hands. One is to look at the previous high of 3403. If it breaks through strongly, go long directly, and look at the 3412-20 line. If it retreats first, then look at the vicinity of 3385 and see the second rise in the US market! Gold: Long near 3385-87, let go of 75, and the target is 3412-20! If it rises directly and breaks through 3403, you can try to break through long with a light position, and still look at the 3412-20 line above!