Gold price is trading around the moving average after a period of tense fluctuations. Despite a decline in trading last Friday, it still maintains a level above 1955 USD. From a technical analysis perspective, the gold price is fluctuating between the support level of 1945.20 USD and the resistance level of 1977 USD. If the price can break through this resistance level, gold may rise further. However, if the price falls below this support level, then gold may decline to next psychological support 1900. Traders need to keep a close eye on these two key levels to make the right trading decisions.