Gold The price of gold began to trade today and showed a further bearish tendency, and began to test $1911.00 per ounce, thus consolidating the expectation that the price of gold will continue to be bearish in the day and the short term. At present, waiting for the price of gold to further decline in the next few trading days, the next target is US$1,901.80/ounce. Breaking below this level will be a key factor for the continued bearish trend of gold prices. The target below is US$1890.00/ounce and US$1,690.90/ounce. Therefore, as long as the price of gold remains below $1,934.86 per ounce, we will continue to predict that the price of gold is in a bearish trend. It is expected that today's gold price trading will be located between the support level of $1890.00/ounce and the resistance level of $1930.00/ounce.