XAUUSD: Feb 17 intraday strategy

il y a 5 jours

Technical analysis of spot gold
Daily resistance 2950, ​​support below 2852
Four-hour resistance 2950, ​​support below 2852
Gold operation suggestions: Gold was under technical pressure at the 2939 mark last Friday and ushered in a unilateral decline. The price in the Asian session relied on the 2920 mark and slightly rebounded. The European session broke through and stood on the 2930 mark and showed a strong rise. Before the US session, the gold price accelerated to break through the 2939 mark and fell back into shocks. Finally, it ushered in a unilateral decline in the US session. The gold price fell back and broke through the 2900 integer mark and closed weakly. The daily chart formed an engulfing decline.

From the current trend of gold, today's support below is around 2852, and the pressure above is around 2908-13. If the daily support 2852 is not broken, it will be seen as a shock operation. The trend is bullish. If the closing line breaks 2852, it will be seen as a deep correction. Overall, relying on this range to maintain high selling and low buying, patiently wait for key points to enter the market.

If it falls below 2876 in the short term, it may accelerate the correction to 2864, or even test the support of 2853

BUY:2852near SL:2847

BUY:2880near SL:2875

SELL:2910near SL:2915

SELL:2878near SL:2885

Technical analysis only provides trading direction!

il y a 5 jours

Note

Guys, the longer the market is sideways, the faster and longer the candles will be after the breakout. Sell orders are still being held... Target 2880~

il y a 5 jours

Note

il y a 4 jours

Transaction en cours

15-minute resistance 2915, support below 2905~2900
30-minute resistance 2915, support below 2900
1H resistance 2920~2925, support below 2900

Gold price fluctuates around 2912, 15-minute and 30-minute charts show that short-term upward momentum is weakening, and it may face downward correction pressure.

2915-2920 is short-term resistance, and after breaking through, it may test the previous high of 2935-2942.

Temporarily sell high and buy low in the 2900-2920 range, and wait for a breakthrough before following the trend.