XAUUSD:26/2 Today's Market Analysis and Strategy

il y a 10 heures

Technical analysis of gold
Daily chart resistance 3000, support below 2892
Four-hour chart resistance 2950, ​​support below 2892-2888
1-hour chart resistance 2930, support below 2905

Gold operation suggestions: The moving average system of each period shows a short arrangement (suppression by the 30-minute and 4-hour moving averages), but the long-term moving averages at the daily level (100/200-day moving averages) are still upward, limiting the deep decline space.
The RSI indicator is close to the oversold area on the 4-hour chart, but has not yet formed a clear bottom divergence, so be alert to the demand for rebound correction.

Today's market is likely to run in the 2800-2936 range. If the gold price rebounds to around 2936 and encounters resistance, you can try to sell. You can buy after stabilizing near 2890, but be careful of the extreme decline after falling below 2888.

Buy: 2930~2936
Sell: 2890near


Click my profile for more free sharing

il y a 9 heures

Note

Correct the above error:
SELL:2930~2936
BUY:2890

il y a 3 heures

Transaction en cours

Gold fell as expected, profit 100pips. Waiting for the support confirmation of 2890. If it falls below 2888, there may be a deeper retracement. Pay attention to 2876/2850. Please be careful