StarVenus-

The recent trading strategy for gold and key short-term levels t

FXOPEN:XAUUSD   Gold Spot / U.S. Dollar

On Tuesday, the overall trend of gold prices showed a bottoming-out rebound, with the highest price rising to 1831 and the lowest falling to 1804.63, closing at 1826.48.

Looking back at the performance of the gold market on Tuesday, the price continued to decline after the opening, and then broke through the recent low point in the short term.

Currently, we need to pay attention to the breakthrough of the 1830 position in the short term for gold. After the breakthrough, it will also test the range of 1835-1850. For the short term, we should pay attention to the support level of 1819-1820, and buy when the price is appropriate.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.