XAUUSD: 11/11 Today's Market Analysis and Strategy
Gold technical analysis
Daily resistance 2761, support 2638
Four-hour resistance 2678, support 2638
Gold operation suggestions: Last Friday, the overall gold price fell sharply from a high level. Today, Monday, the short position continued from last Friday, and the trend is still mainly short selling.
Judging from the current market trend, we still need to continue to be bearish on the market this week. Pay attention to the short-term 2668 line pressure on the upper side. The key pressure point on the upper side is maintained at 2675~2680, which is also the dividing line between long and short this week. The key support below is maintained near 2638. Once it continues to break down, it is very likely to start a large downward trend. The operation is still treated as rebound short selling, and wait patiently for key points to enter the market.
SELL:2668near
SELL:2638near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Daily resistance 2761, support 2638
Four-hour resistance 2678, support 2638
Gold operation suggestions: Last Friday, the overall gold price fell sharply from a high level. Today, Monday, the short position continued from last Friday, and the trend is still mainly short selling.
Judging from the current market trend, we still need to continue to be bearish on the market this week. Pay attention to the short-term 2668 line pressure on the upper side. The key pressure point on the upper side is maintained at 2675~2680, which is also the dividing line between long and short this week. The key support below is maintained near 2638. Once it continues to break down, it is very likely to start a large downward trend. The operation is still treated as rebound short selling, and wait patiently for key points to enter the market.
SELL:2668near
SELL:2638near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
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✅Technical Support
✅profit cooperation
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