XAUUSD focuses on support near 2040

2 feb

On the daily chart, XAUUSD closed higher for the fourth consecutive trading day, and the short-term bullish trend prevailed. At present, you can focus on the support near 2040. If it rebounds and stabilizes, you can consider buying. The upper resistance should be focused on near 2088. If it breaks through, it is expected to continue upward. If the price falls below around 2030, a correction will begin.