CFDs on Gold (US$ / OZ)
Long
Updated

XAUUSD: 1/5 Today's Market Analysis and Strategy

329
Technical analysis of gold
Daily chart resistance 3283, support below 3167
Four-line chart resistance 3283, support below 3200
One-hour chart resistance 3243, support below 3200

Gold operation suggestions: From the current trend analysis, continue to pay attention to the short-term suppression of the 3250-65 area above, and continue to be bearish if it rebounds during the day. The support below is around the 3200 integer mark and 3167. The short-term long-short conversion position is in the 3260~3265 area. You can buy after it stabilizes.

Sell: 3283near SL: 3287
Sell: 3243near SL: 3248
Sell: 3200near SL: 3205
Trade active
I know it's hard to make a profit today, the price changes every minute by 10 $ jump back and forth, because the market liquidity has increased. Good luck to everyone snapshot
Trade closed: target reached
Five Star News!
If the non-farm payrolls data is weaker than expected (new jobs < 130,000), the gold price may rebound quickly to $3,280-3,300; if the data is strong (new jobs > 200,000), it may suppress gold to below 3,220

Market liquidity increases, pay attention to risk avoidance

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