Gold is still in a weak trend. The position of 1993 was resisted and fell back to around 1975, but it quickly rebounded by 10 US dollars, which proves that the support below is still very strong.
Gold tends to fluctuate at a low level or rise, so today’s operation is recommended to go low and much. The current lower support is 1970. The strong support has always been the previous low point. If it does not break, continue to do more
Yesterday's rebound high was around 1984. The market stabilized at 1984 and then looked at around 1993. It will only end when it stands firm at 1993 again
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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.