Technical analysis of gold
Daily resistance 2307-40, support below 2277
Four-hour resistance 2307-2340, support below 2277
Gold operation suggestions: Last Friday, the overall technical side of gold prices fell under pressure at the 2387 mark. The European session broke through the two integer mark supports of 2350 and 2340. Finally, under the negative influence of NFP data, the gold price fell straight down and broke through the 2300 integer mark in the US session, and closed near the intraday low of 2386. After nearly three weeks of repeated fluctuations around the 2315 mark, the overall price ushered in a short-seller pressure and fell to a new low. The short-term and medium-term moving averages completely entered the short-term pattern, and the short-term downward space was completely opened.
From the daily line analysis, today's upper short-term resistance is focused on 2307-2310. If it rebounds to this position during the day, it will continue to fall. The lower target continues to look at a new low. The short-term short-term weakness dividing line focuses on the 2340 line. Any pullback before the daily level breaks through and stands on this position is a short-selling opportunity.
SELL:2340 near SL:2343
SELL:2307 near SL:2310
BUY:2277 near SL:2274
Technical analysis only provides trading direction!
Daily resistance 2307-40, support below 2277
Four-hour resistance 2307-2340, support below 2277
Gold operation suggestions: Last Friday, the overall technical side of gold prices fell under pressure at the 2387 mark. The European session broke through the two integer mark supports of 2350 and 2340. Finally, under the negative influence of NFP data, the gold price fell straight down and broke through the 2300 integer mark in the US session, and closed near the intraday low of 2386. After nearly three weeks of repeated fluctuations around the 2315 mark, the overall price ushered in a short-seller pressure and fell to a new low. The short-term and medium-term moving averages completely entered the short-term pattern, and the short-term downward space was completely opened.
From the daily line analysis, today's upper short-term resistance is focused on 2307-2310. If it rebounds to this position during the day, it will continue to fall. The lower target continues to look at a new low. The short-term short-term weakness dividing line focuses on the 2340 line. Any pullback before the daily level breaks through and stands on this position is a short-selling opportunity.
SELL:2340 near SL:2343
SELL:2307 near SL:2310
BUY:2277 near SL:2274
Technical analysis only provides trading direction!
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The direction is correct today, go long after the breakthroughTransaction en cours
XAUUSD BUY: 2304near
SL:2294
TP:2315
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XAUUSD BUY: 2309near
SL:2298
TP:2319
TP2:2325
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💥More than 11 years of experience in gold trading
⬇️I will guide you to profitability.
My Telegram : t.me/JungoldAnalyst
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💥 Full-time finance professional.
💥More than 11 years of experience in gold trading
⬇️I will guide you to profitability.
My Telegram : t.me/JungoldAnalyst
💥More than 11 years of experience in gold trading
⬇️I will guide you to profitability.
My Telegram : t.me/JungoldAnalyst
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.