From the daily chart, the overall gold price is still in a weak position. If the support of $3277 is lost, the gold price may further test the key support level of $3247-3228. On the contrary, if the gold price reverses above 3323 again, the short-term downside risk will be alleviated. However, it is necessary to reconfirm the recovery of the $3325-3337 range to curb the short-term short-term forces and shift the market focus to the upside.
Resistance level: $3323-3332, with a focus on $3337
Support level: $3294-3277; focus on $3245
GOLD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
Resistance level: $3323-3332, with a focus on $3337
Support level: $3294-3277; focus on $3245
Note
Gold encountered resistance in the 3325-3337 range and retreated, falling to around 3314, with a profit margin of $10 per ounce.Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
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Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.