Yesterday I judged that gold has entered the overbought zone, and the resistance point is at 1950.
The U.S will announce the number of initial jobless claims and the annual rate of the core PCE price index today, which will affect the trend of gold. Today, the volatility of gold is still very small, obviously waiting for the news before choosing the direction.
If gold does not break through 1948 today, then you can sell it here. If the data is favorable for gold, gold continues to rise, and the indicator RSI will fully enter the overbought area, then you can continue to sell in batches. I judge that the possibility of eventual decline is very high.
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he support below is close to 1932-1935.
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Waiting for news data
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Everyone can be prepared. If it rises, you can look for a high point to sell.
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If you listen to my advice, then you should be very happy now
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TP