Gold Spot / U.S. Dollar
Updated

XAUUSD:3/1 Today’s Strategy and Analysis

905
Gold technical chart daily pressure is 2088, support below is 2053-2040
Four-hour pressure 2069-2088, support below 2053-5040
One-hour pressure 2069-2073, support below 2053-2066
Operation suggestion: Today, focus on 2053/2040 below. Try to go long at this position. If the 2040 mark is broken, the short trend will start. Just continue to go long above the 2066 mark above.

BUY:2066 near
BUY:2040 near
SELL:2065 near
snapshot
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At present, there is still room for decline. It is estimated that 2036-2040 will not form support. Today, it may reach a lower level of 2023-2029. However, if there is a more obvious rebound exceeding 2055 before then, it is another possibility. To be long, you have to wait for the decline to stabilize.
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