XAUUSD: 1/7 Analysis and Strategy
Updated
Gold technical analysis
Daily resistance 2340-70, support below 2277
Four-hour resistance 2340, support below 2315-2277
Gold operation suggestions:
From the analysis of the 4-hour line, today's support below is around 2315, and the upper short-term pressure is around 2335-40. First, sell high and buy low in this range. In the short term, the gold price is likely to continue to fluctuate widely.
SELL:2340near SL:2343
BUY:2315near SL:2312
Technical analysis only provides trading direction!
Daily resistance 2340-70, support below 2277
Four-hour resistance 2340, support below 2315-2277
Gold operation suggestions:
From the analysis of the 4-hour line, today's support below is around 2315, and the upper short-term pressure is around 2335-40. First, sell high and buy low in this range. In the short term, the gold price is likely to continue to fluctuate widely.
SELL:2340near SL:2343
BUY:2315near SL:2312
Technical analysis only provides trading direction!
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2332nowTrade active
Huge profit today Trade active
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Share my plan nowBuy zone: 2326~2321
Use safe small size.
stop loss 2315 target 2335-45
Trading guidance may change the strategic direction and thinking at any time. Click on my avatar and profile to see more analysis and signals
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End of long position, start short positionTrade active
The lowest point is 2323. Then it quickly swallows up the decline. 30M/15M forms an IB rising pattern. The decline may have stopped. Today's lowest point will become supportTrade active
Note that the market will close early due to the US Independence Day holiday.Trade active
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