XAUUSD:27/9 Today's Market Analysis and Strategy
Gold technical analysis
Daily resistance 2700, support below 2622
Four-hour resistance 2700, support below 2634
Gold operation suggestions: Yesterday, the technical side of gold finally ushered in a further upward breakthrough and strengthening after repeated oscillations around the 2660 mark. It accelerated to break through the 2685 mark before the US market and quickly fell back. The US market formed a wide range of long and short shocks. Finally, the gold price fell back for the second time and stabilized at the 2655 mark to usher in a second high. The gold price formed a strong bullish operation rhythm above the 2650 mark.
Today, the lower support continues to focus on 2650-2634. The intraday retracement relies on this position to continue to be bullish. The upper short-term pressure focuses on the 2685 mark. Today, we will continue to go long after the short-term decline is in place, and wait for the decline but not short.
BUY:2650near SL:2647
BUY:2634near SL:2630
If a waterfall occurs, please stop loss in time
Technical analysis only provides trading direction!
Daily resistance 2700, support below 2622
Four-hour resistance 2700, support below 2634
Gold operation suggestions: Yesterday, the technical side of gold finally ushered in a further upward breakthrough and strengthening after repeated oscillations around the 2660 mark. It accelerated to break through the 2685 mark before the US market and quickly fell back. The US market formed a wide range of long and short shocks. Finally, the gold price fell back for the second time and stabilized at the 2655 mark to usher in a second high. The gold price formed a strong bullish operation rhythm above the 2650 mark.
Today, the lower support continues to focus on 2650-2634. The intraday retracement relies on this position to continue to be bullish. The upper short-term pressure focuses on the 2685 mark. Today, we will continue to go long after the short-term decline is in place, and wait for the decline but not short.
BUY:2650near SL:2647
BUY:2634near SL:2630
If a waterfall occurs, please stop loss in time
Technical analysis only provides trading direction!
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