XAUUSD Support level keeps falling.

17 Ağu 2023

During this period of time, gold has continued to break low and try to rebound above the resistance point, but the support point is also constantly decreasing after the resistance level continues to move down.
The current situation in gold requires understanding several important key points.
1. The high point of gold keeps moving down, and the low point keeps refreshing. Has been in a state of bottoming out.
2. Gold has been in a contradictory range from 1898 to 1911, and this range is constantly moving down.
3. Gold cannot withstand the pressure during the US session.

18 Ağu 2023

Not

Waiting for 1870

21 Ağu 2023

Not

1888

22 Ağu 2023

Not

Today's target is 1880