Uncertainty about gold

From the daily chart of gold trends, we can see that the current price has stepped back to the 20-day moving average. Yesterday's closing was a small negative line with a long lower shadow, which shows that there is great uncertainty in the later period. The moving average has a supporting effect on the price trend. If the price stabilizes next, the upward trend may continue. If the price falls below 2300 again, it will be difficult for the price to reverse the downward trend in the short term.

The current focus is on the resistance level near 2332 and the support level near 2310. If the price falls below the 2310 support level, it will continue to fall, and the take-profit price for short orders will be in the 2390-2300 range below. If the price breaks above 2332, the upward trend will continue.

I will release specific trading strategies in my gold exchange group at any time

Comment:

The price did not fall below the 2310 support level, and gold currently has a rebound and upward trend. It is recommended not to sell. Radicals can buy

Comment:

As I predicted, the price broke through the 2332 resistance level. If the price does not fall below 2324, it will continue to fluctuate and rise.

Comment:

The price has effectively fallen below 2324, and the upward momentum has been interrupted. Not recommended to buy at the moment

The trend of gold has changed rapidly these days, and everyone needs to switch their thinking in time, otherwise it is easy to cause losses.

Comment:

The current trend is being updated continuously