Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Opening analysis

466
snapshot
Tomorrow's gold trend analysis:

Last week, the market was covered with a thick bearish atmosphere, the daily line fell continuously, from Friday's trend, fell to 1910 after the rebound, repeatedly tested 1919 and eventually succeeded in rising, proving that 1919 has become a strong support, the next support level is 1910 after breaking down, which is a very important support level, once lost, It could fall to the gap near 1987.

In general, with the release of bears, 1919 has become a strong support, coupled with the impact of the Russian-Ukrainian conflict, tomorrow's opening price is likely to continue to rebound, but from Friday's trend, the current upward pressure is larger, we focus on whether the lower 1909 support level can hold.

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