Short-termTaurus

Market analysis on Monday,focus on the 2050 support position

Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On Monday, international gold opened with narrow range fluctuations, and market transactions were light. The impact of factors at the end of last week has weakened. In addition, there is no focus on data during the day, and the trend will be guided by technical signals. Maintain the current trend after breaking through the short-term moving average and mid-track resistance. Run in a strong state. The international gold daily line closed on Friday, Dayang pulled up and closed above the middle track, while the daily indicator macd was dead cross shrinking and glued, and the smart indicator sto hook repaired upward; it means that the daily line shock is strong, and the price has The possibility of continuing to rise. At present, the top focus is on last Friday's high of 2062, followed by the upper track and parabolic turning point to suppress the 2076-2086 line. If it cannot rise to near 2085 today, tomorrow's high will move down to the 2079-2080 line.
Personal suggestion: go long on the pullback;

BUY2050-2052

Market Comments: RSI technical indicator is bullish
Trade active
Trade active:
XAUUSD BUY:2047-2048
❌sl:2040
✅tp:2055-60
Trade active
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