XAUUSD: Gold price breaks resistance, buy on dip

Yesterday, due to the US market being closed, the gold price basically did not move much and remained in a volatile state. Today, gold began to rise at the opening and broke through the resistance near 2340, and the upward momentum was relatively strong. The possibility of gold price rising in the future is relatively high, and the main strategy today has turned to bullish. The support below mainly refers to the support level near 2332. If it falls back to this level today, you can consider buying.

From the one-hour pattern, the recent trend of gold has always been in a pattern of continuous fluctuation and rise. Although the increase is small, the rise is very firm. Because it is a volatile rise, short-term operations should avoid chasing ups and downs. Intraday declines and longs are the feasible operation ideas. Pay attention to the first support 2335 and further support 2330. Gold prices above 2330 can be bought with confidence

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