CFDs on Gold (US$ / OZ)
Long

XAUUSD:29/10 Today's Market Analysis and Strategy

527
Gold technical analysis
Daily resistance 2800, support below 2700
Four-hour resistance 2760, support below 2733

Gold operation suggestions:
From the current market trend, we will rely on the 4-hour level support to arrange long orders. The upward trend channel support is near 2735-38. It is our opportunity to arrange long orders near this position. The upper pressure opportunity is 2758-2762. At present, shorting in such a market is only a small decline and accumulation of momentum. Wait patiently for the key point to enter the market.

BUY:2733near SL:2730
BUY:2739near SL:2735

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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