Gold/XAUUSD is oscillating within the range, continue to go long

Gold has been fluctuating between long and short positions, currently the bears are dominant again. Last night, the gold price dropped to 5055, tested the key support and then rebounded, currently running around 5120. The daily indicators are pointing downwards, with support around 5050 to watch closely. If this level is lost, the gold price will continue to decline. In the short term, we expect a rebound correction. Watch for resistance around 5150.

Entry opportunity: Buy near 5100, target 5150-5190#伊朗总统之子称新任最高领袖平安 #特朗普称伊朗战事接近尾声