Gold continued to be blocked near 1986 when it was close yesterday, and it did not break through today. The lower support continued to test around 1961, and it has already been pierced. It is expected to rebound to around 1970 and then pull back again. At the same time, it will fall below the support near 1960 bit.
When the market falls below the support around 1960, this position will become a resistance level, and the next support will appear around 1952, but this support is not a strong support level. The strong support is around 1933, which was continuously blocked before the rise.
Therefore, the target of short gold orders this time can be seen below 1937, pay attention to the changes in support/resistance, I will continue to track market changes, and share my trading strategies at any time, please pay attention to check!
Trade active:
Gold's 1945 stop profit level has been reached, the next target is around 1937, pay attention to the support around 1944
Comment:
The friends in the group have completed the profit taking of gold, EURUSD, and OIL today
