jherryPowell

Gold fluctuates upward

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold continues to fluctuate, and the support for 1953 below is still strong. Before breaking the level, our thinking will not change. We will fall back more and continue to be bullish, and 1953 will support more directly!

A low-level shock break is the most common correction technique after a big rise or fall in the market!After the weak plunge, the market did not directly continue to fall. If you don't advance against the water, you will retreat. You must know that once the bottoming pattern is formed, even if it rebounds, it will not be hasty. Bullish in the short term has become an inevitable operation!

Now that the key support has not broken the level, then don't turn empty easily. Even if you want to empty, you can only go empty after touching the 1980 line or directly falling below the level!
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