Gold is currently in a consolidation phase today after a sharp drop of $54 on Friday. Resistance at 2033-2042-2050 Support at 2006-2000. Can trade around resistance support today
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Wait patiently for trading opportunities
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Gold is currently in a consolidation phase. Waiting for the opening of the US gold market will have a good trading opportunity
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Hello everyone. Are you ready to make crazy money today?
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The US market is about to start.
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The resistance level of gold in the US market is 2033, and the support is 2006. You can sell high and buy low around this range. As long as there is no more important news today, gold will not experience the same fluctuations as Friday
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There are still 40 minutes before the US stock market opens. If the bank falls sharply, gold will rise as a safe-haven. Therefore, we should also pay attention to the trend of US stocks and banks. Once the bank falls sharply again, gold will rise from 2040 to 2050. If the bank does not fall. Then gold will not rise sharply. Just follow the range trading I said.
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No more news today. So now gold is still in the consolidation phase. Next, focus on 2033 resistance to short sell gold
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