Xauusd:What is gold waiting for?

Monday's volatility determined two points. First, gold surged to 2009 last Friday, indicating that the resistance in 2010 is very strong. Second, gold supported 1990 yesterday, and the support at this point is also strong.There was no key data in the market on Tuesday. Then, there is a high probability that gold will not be able to leave the 1990-2010 range. If it unexpectedly falls below 1990, the strong support point below will be 1980.

From the technical point of view, the daily K-line has been operating on the support of the 5- and 10-day moving average. 1990 is the support of the 5-day moving average and 1980 is the support of the 10-day moving average. Therefore, today we only need to pay attention to the strength of these two support points.

We need to pay attention to the upper resistance point range:
2002-2010
Pay attention to the range of support points below:
1990-1992
1980-1983

Today you can still sell in the above resistance range, or you can buy in the support range

When trading, you can enter in batches according to your own funds and strictly set SL to ensure the success rate of your account.

If you don't know how to trade, join me and let us learn together to improve the success rate

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The current volatility is very small, waiting for a good opportunity

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The resistance of 2000 is also great

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Already profitable

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Gold is not very volatile today, so those who buy and sell today have the opportunity to make money. As long as you arrange your positions reasonably, your chances of making money will increase.

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Today is still the same as I predicted. If you follow my strategy, your success rate will greatly increase.

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Observe the support of 1980

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1980 is a very important support point for the recent upward trend. If it falls below, the possibility of continuing to decline increases, so we need to observe the support of 1980

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The position of 1980 is very important

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Customers who have subscribed to my signal, please contact me

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Please rejoin me

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Gold needs to observe the resistance of 1990

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Customers who have subscribed to my signal, please contact me
Please rejoin me

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I think the big trend is still down