Gold closed positive this week, and the normal trend will still have a new high weekly support around 1924 next week, and you can go long when you touch it. The highest this week is around 1963, which happens to be at position 382. If the market effectively breaks through 1963 next week, the normal trend should be around 1986, and then choose the direction. This wave of strong resistance is around 2007, and it also determines the rise and fall in the second half of the year.
The daily line fluctuated between small groups on Friday. Looking at the daily line alone, gold has a need for a callback, but combined with a large cycle, it does not support a sharp drop. Therefore, looking for opportunities on Monday is still a low and long operation. One is near the low point of 1950 on Friday, and the other is around the 1944 line. If it does not break, it is also recommended to do long. If the market fluctuates, it is not ruled out that the market will reach around 1934 or 1924. The upper target first looks at this week's high near 1963, and the breakout looks at more than 10 US dollars.
Operational suggestions: Monday is close to Friday's low or more than 1944, and the upper part is close to 1986. Yesterday morning trading was more aggressive in 1958, with the highest around 1963, and the lowest point in the European market was more in 1954, which was also the first line of 1963. The empty order did not give the ideal position.
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