jherryPowell

Gold continues to see a rebound

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday, gold tested the position of 1940 again, and it had little impact on the general direction. Don't worry too much.

Gold fluctuated narrowly in early trading again, which has become a rule in recent times, and the market is concentrated in the US market!Since there is no volatility, our thinking has definitely not changed. We still have the idea of early trading. Relying on the support of 1940, we will look long and see the rebound!

Gold as a whole has a large range fluctuation trend, and the range is very certain, going back and forth in the 1940-80 area!There is no continuity in the big rise or the big fall, and the structure of chasing the rise and killing the fall in operation is finally a stop loss!Therefore, it is critical to hold the key pressure and support the reverse operation!

Just like now, gold stands firmly on the support of 1940, and it is another opportunity to go long!I prompted to go long and bullish before, now just continue to wait for the rebound!
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