XAUUSD:Gold prices rebounded weakly
The daily chart shows that gold has held steady support around $1950 for the past week, but it should be noted that after gold broke through the key support of $1980 and turned down, the short-term correction may provide impetus for further declines.
Looking ahead, if gold falls further below $1950, the market is expected to further downside to test the 1900-1920 area support. More importantly, once it loses $1920, it means that gold returns to the weekly large range consolidation, and the space below will be further opened
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As my analysis gold fell below 1950 all the way down. Congratulations to my VIP for reaping another huge profit today
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