Trend resistance analysis
Updated
Gold closed positive on the daily line. A new high was reached in the Asian session. If we look at the trend from the perspective of the K-line, the triangle breakout bulls will continue, so the idea is to mainly buy low today. Is this low buy more after a decline or directly buy more? The support is currently at 82-76!
Gold started to break through strongly in the US session yesterday. Gold is obviously strong. Now it is still strong. It continues to buy more after a decline in the Asian session. Now it has risen sharply. Many friends are concerned about where gold will rise. There is no need to guess. Just continue to buy more with the trend.
Gold's 1-hour moving average continues to diverge upward. Gold bulls continue to be strong. The previous high of gold at 2676 now forms support. Today, it falls back to 2676 and continues to buy on dips. Gold can start to buy more after falling back to around 2690 in the Asian session.
First support: 2690, second support: 2676, third support: 2662
First resistance: 2710, second resistance: 2721, third resistance: 2735
Gold started to break through strongly in the US session yesterday. Gold is obviously strong. Now it is still strong. It continues to buy more after a decline in the Asian session. Now it has risen sharply. Many friends are concerned about where gold will rise. There is no need to guess. Just continue to buy more with the trend.
Gold's 1-hour moving average continues to diverge upward. Gold bulls continue to be strong. The previous high of gold at 2676 now forms support. Today, it falls back to 2676 and continues to buy on dips. Gold can start to buy more after falling back to around 2690 in the Asian session.
First support: 2690, second support: 2676, third support: 2662
First resistance: 2710, second resistance: 2721, third resistance: 2735
Note
Gold 1 hour moving average continues to upward long array divergence, gold fall is to give the opportunity to buy, gold today the lowest to 2676 line directly bottomed out, gold later back on 2676 dips, gold down near 2680 can enter. Gold is volatile now, be patient and wait for the opportunity.
BUY: 2680-2678
SELL: 2720-2722
Note
2713.5now The sell signal has made a profit of 70pips. Congratulations to the friends who followed👍Note
First support: 2700, second support: 2688, third support: 2676
First resistance: 2725, second resistance: 2732, third resistance: 2745
BUY: 2690-2688
SELL: 2714-2716
Check out my profile for more free sharing and profits.
Trade closed manually
Today's sell signal is profitable 
🥇Join my free Telegram group:
t.me/JungoldAnalyst
🥇There are free analysis and signals every day
🥇Provide accurate gold signals and account management, 2000 pips profit every month
t.me/JungoldAnalyst
🥇There are free analysis and signals every day
🥇Provide accurate gold signals and account management, 2000 pips profit every month
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.