XAUUSD:Key Positions: 1952-1963

Rebound resistance 1952, if it can find support in 1952-1955, then it has a chance to test the resistance of 1963,

If no support is found, then the probability of returning to 1943 is very high. When the support of 1943-1941 is also lost, the next step is to test around 1936-1933, so the key now is whether the area around 1952 can be recovered.


There will be NFP data next week. Whether the market can reach 1992 or 1886 depends on how the area of 1963-1952 is chosen. From this data alone, it is more likely to be negative for gold. If there are other events, it is another matter.

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