XAUUSD: 25/10 Today’s Market Analysis and Strategy
Updated
Gold technical analysis
Daily resistance 2760, support below 2700-2673
Four-hour resistance 2733, support below 2700
Gold operation suggestions: Yesterday, gold technically stabilized at 2720 in the Asian and European sessions and rebounded. It hit 2743 in the US session and then fell rapidly. The overall gold price stabilized at 2720 with secondary support. At the same time, it continued to fluctuate in the 2740-44 area under pressure. Before the short-term daily level falls below 2700-05, it is likely to continue to trade time for space and continue the rhythm of long and short pull
From the current 4-hour trend, today's support below continues to focus on 2715-20, and the pressure above continues to focus on the 2740-44 suppression given yesterday. Rely on this range to sell high and buy low during the day, and wait patiently for key points to enter the market.
SELL:2744near SL:2748
BUY:2700near SL:2697
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 2760, support below 2700-2673
Four-hour resistance 2733, support below 2700
Gold operation suggestions: Yesterday, gold technically stabilized at 2720 in the Asian and European sessions and rebounded. It hit 2743 in the US session and then fell rapidly. The overall gold price stabilized at 2720 with secondary support. At the same time, it continued to fluctuate in the 2740-44 area under pressure. Before the short-term daily level falls below 2700-05, it is likely to continue to trade time for space and continue the rhythm of long and short pull
From the current 4-hour trend, today's support below continues to focus on 2715-20, and the pressure above continues to focus on the 2740-44 suppression given yesterday. Rely on this range to sell high and buy low during the day, and wait patiently for key points to enter the market.
SELL:2744near SL:2748
BUY:2700near SL:2697
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Trade active
As I analyzed above, the 4-hour support of 2715~2720 needs to be paid attention to. I bought at 2723 in advance. I also made a good profit. 
Join my Telegram channel
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
Related publications
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.