CFDs on Gold (US$ / OZ)
Long
Updated

XAUUSD: 22/4 Today's Market Analysis and Strategy

231
Gold technical analysis
Four-hour chart resistance: 3500-3550, support: 3400-3380
One-hour chart resistance: 3500, support: 3430
30-minute chart resistance: 3480, support: 3440.

Tariff policy drives gold up, and it is clear that the recent technical analysis of gold trends has failed. Just follow the market. London market/NY market pays attention to the trading range (3430-3480), first sell high and buy low at the edge of resistance and support, and if the resistance and support are quickly broken, follow the trend.

Buy: 3430near SL: 3425

Sell: 3480near SL: 3485

Use small size transactions.
Trade active
After breaking the support, follow up and sell to make a profit.Risks come with profits!💰💰💰 snapshot

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