Richard-Wagner

Xauusd Gold Trend Analysis

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold fluctuated slightly again yesterday. The upper limit reached the 1930 line and then stopped and started to retreat. The lower support reached the 1920 line. Then in the short term, it is still fluctuating in a small range. The daily moving average system is complicated, and it is very likely that it is waiting for the later period. The breakthrough is currently accumulating energy. If a breakthrough is formed in the later period, the intensity and magnitude will be expected. However, yesterday's downward trend failed. Both the daily and weekly systems were supported above the 1910 day line. After the daily line retreated, the There is no weakness. The long-short trend in the short term is not very clear. We should first operate around the range-bound form. However, it should be noted that the current trend of the European market is relatively important, and the watershed has not yet been broken. Overall The range still remains within the box consolidation, and if gold did not go down yesterday, we should try to go long on the backhand first and wait, then go long directly around 1922-1921 during the day, with a target around 1932-1938, and a loss of 1915

Golden signal:
xauusd gold:buy1919-1922 tp1992-1938 sl 1915
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