XAUUSD: 8/7 Today’s Analysis and Strategy
Updated
Gold technical analysis
Daily resistance 2400-50, support below 2370-50
Four-hour resistance 2400, support below 2370-61
Gold operation suggestions:
From the current trend of gold, today's support below continues to focus on the neckline of the hourly line last Friday, near 2374-76. Intraday retracement relies on this position to continue to be bullish. The short-term bullish watershed focuses on the 2370 mark, which will start a downward trend after breaking it. The daily level stabilizes above this position and continues to buy at a low price.
BUY:2370near SL:2367
BUY:2361near SL:2358
Technical analysis only provides trading direction!
Daily resistance 2400-50, support below 2370-50
Four-hour resistance 2400, support below 2370-61
Gold operation suggestions:
From the current trend of gold, today's support below continues to focus on the neckline of the hourly line last Friday, near 2374-76. Intraday retracement relies on this position to continue to be bullish. The short-term bullish watershed focuses on the 2370 mark, which will start a downward trend after breaking it. The daily level stabilizes above this position and continues to buy at a low price.
BUY:2370near SL:2367
BUY:2361near SL:2358
Technical analysis only provides trading direction!
Trade active
40pips profit for you. Have you followed the free signal? Trade active
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Today is a great profit. Profit is over 100pips Trade active
Trade active
Today the market ran as planned and found support at 2370. Click on my avatar and profile to see more analysis and signalsTrade active
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Gold is sold in zone 2367~2372, SL: 2378 TP: 2355-2352Click on my avatar and profile to see more analysis and signals
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Short position heldTrade active
Already running 40pps Trade active
✅+90pips. The signal has been manually closed Trade active
Trade active
Pay attention to today's news, the market may move quickly during the speech. Loss of technical support. Try to avoid news release times
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