UnknownUnicorn64583787

Xauusd:Narrow fluctuation

FX:XAUUSD   Gold Spot / U.S. Dollar

During the Thanksgiving holiday, the U.S. market was basically closed. Everyone also discovered that yesterday's market was basically dominated by narrow fluctuations, and there was no big opportunity.

Gold only had a volatility of 10pips yesterday, the highest point was 1998, while the previous day's high was in 2006. It can be found that not only the volume is falling, but the highest point is also moving.

As can be seen from the chart, the resistance level is 1994-1996, and the support of 1984-1987 is concerned below.

Today should also be a narrow fluctuation. You can choose to sell at a high level, buy at a low level, and strictly stop loss, so that your success rate will be greatly increased.

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Trade active:
Today's resistance is difficult to break through
Trade active:
Cautious traders can wait for next week
Trade active
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