XAUUSD: 16/4 Today’s Analysis and Strategy. Continue to bullish
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Gold technical analysis Daily resistance is 2450, support below is 2326 Four-hour resistance is 2400, support below is 2365-2352
Gold operation advice: Yesterday, it was said in the article that the daily dividing line between long and short is 2320. Obviously our operation idea is to go long above 2320. From the daily analysis, the upper pressure is 2400 and the lower support is 2365-2352. These two prices are both It is a good position for bulls to enter the market. During the day, first rely on the two supports to go long, and wait patiently for the key points to enter the market. The 2320 price is the last defensive point for bulls. Once the position is broken, the short trend begins, otherwise it will only be a short-term correction, and the next step is to continue. Look at new highs!
BUY:2362-2365 BUY:2347-2352 Technical analysis only provides trading direction!
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2365 is short-term support. Gold rises $7
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Gold is following my chart trajectory
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Before NY market, gold fluctuated slightly
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Free sharing every day. This is today’s analysis. It perfectly predicts the trend of gold. 2365 supports the rise and is now 2382.
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Powell signals no progress on inflation, may delay rate cuts
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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.