XAUUSD: 20/11 Today’s Market Analysis and Strategy
Updated
Gold technical analysis
Daily resistance is 2640, support below is 2564
Four-hour resistance is 2640, support below is 2507
Gold operation suggestions: Gold prices generally showed an upward trend on Tuesday. Today, they shot up to around 2640 and were blocked. Judging from the current 4-hour gold trend, focus on 2638-42 for short-term suppression at the top, 2650 for important suppression at the top, 2606-2610 first-line support, patiently wait for key points to enter the market. Wait patiently for key points to enter the market.
SELL: 2635near
BUY: 2608near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Daily resistance is 2640, support below is 2564
Four-hour resistance is 2640, support below is 2507
Gold operation suggestions: Gold prices generally showed an upward trend on Tuesday. Today, they shot up to around 2640 and were blocked. Judging from the current 4-hour gold trend, focus on 2638-42 for short-term suppression at the top, 2650 for important suppression at the top, 2606-2610 first-line support, patiently wait for key points to enter the market. Wait patiently for key points to enter the market.
SELL: 2635near
BUY: 2608near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Trade active
Update the error 2507 above
Gold technical analysis
Daily resistance is 2640, support below is 2564
Four-hour resistance is 2640, support below is 2607
Trade closed manually
I can only say that the news brought by the market has a relatively large impact on the trend of gold.
Gold should have fallen sharply today (there is no bullish technical signal), but the news about the war between Russia and Ukraine continues to stimulate the market, making it difficult to fall. At present, we still pay attention to the resistance of 2650. If it breaks through effectively, gold will continue to rise.
Join my Telegram channel
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.