XAUUSD: 4/11 Today's Market Analysis and Strategy
Updated
Gold technical analysis
Daily resistance 2800, support below 2716
Four-hour resistance 2800, support below 2762-16
Gold operation suggestions: Last Friday night, under the influence of a small positive, non-agricultural data quickly reached the 2762 mark and was suppressed and fell back and fluctuated downward, closing below the previous low.
From the current 4-hour technical perspective, today's upper resistance is around 2758-63. The intraday rebound relies on this position to continue to look down and fall. The short-term support below is around 2722-2728. The daily level support is 2716. The strong unilateral bulls have come to an end temporarily. Today, the long and short range oscillation trading is maintained, and the key points are patiently waiting for entry. After all, before the US election, the market is viewed as a range fluctuation, and the focus is on the US election tomorrow!
BUY:2717near SL:2714
BUY:2727near SL:2724
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 2800, support below 2716
Four-hour resistance 2800, support below 2762-16
Gold operation suggestions: Last Friday night, under the influence of a small positive, non-agricultural data quickly reached the 2762 mark and was suppressed and fell back and fluctuated downward, closing below the previous low.
From the current 4-hour technical perspective, today's upper resistance is around 2758-63. The intraday rebound relies on this position to continue to look down and fall. The short-term support below is around 2722-2728. The daily level support is 2716. The strong unilateral bulls have come to an end temporarily. Today, the long and short range oscillation trading is maintained, and the key points are patiently waiting for entry. After all, before the US election, the market is viewed as a range fluctuation, and the focus is on the US election tomorrow!
BUY:2717near SL:2714
BUY:2727near SL:2724
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
NY market focuses on short selling at 2750 resistanceTrade active
The trajectory of gold is the same as the chart I shared this morning. I hope you also made a profit today. Trade active
Resistance and support update
1-hour support 2731, resistance 2758
30-minute support 2735, resistance 2748
Before the US election, gold is expected to run in a range. Only after breaking through 2731 will there be more room for decline, short-term support near 2727, strong support near 2717
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