Gold prices fell further, with the lowest price falling to $1,947.42 an ounce due to the negative impact of the data released on Friday. Although it has a certain downward impact on gold prices in the short term, from the perspective of market prospects, the probability of recovery is relatively high. Gold remains a key near-term support level around 1930. Additionally, there is a trendline support around $1920-1900.
In the short term my view is that gold will go up.gold buy@1940-1945 tp 1950.
You can adjust the take profit and stop loss according to your own account situation. Good luck
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You can adjust the take profit and stop loss according to your own account situation
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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.