XAUUSD: 16/2 Today’s Market Analysis and Strategy
Updated
Daily resistance 2000-2037, support below 1966
Four-hour resistance 2020-2032, support below 1966
Gold operation suggestions:
Today, the upper resistance will focus on the previous 4-hour top-bottom conversion level around 2013-15, and the lower support will focus on the 1992-1990 area. First rely on this range to sell high and buy low. Trade cautiously in the middle position, and continue to short after rebounding around 2015-20.
SELL:near 2020
SELL:near 2015
Four-hour resistance 2020-2032, support below 1966
Gold operation suggestions:
Today, the upper resistance will focus on the previous 4-hour top-bottom conversion level around 2013-15, and the lower support will focus on the 1992-1990 area. First rely on this range to sell high and buy low. Trade cautiously in the middle position, and continue to short after rebounding around 2015-20.
SELL:near 2020
SELL:near 2015
Trade active
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