XAUUSD: 26/8 Today's Market Analysis and Strategy

Updated
Technical analysis of gold
Daily resistance 2550, support below 2450
Four-hour resistance 2550, support below 2494

Gold operation suggestions: Gold opened today with a slow rise and shock pattern, and today's trend should be consistent with the trend at the end of Friday. Today we follow the trend to go long, but we are not in a hurry to enter, waiting for the opportunity to enter.

Judging from the current trend, today we will focus on the short-term support of 2501 below, and focus on the suppression of last week's high of 2531 above. Continue to go long after the retracement. The market is changing rapidly, so observe the reaction of gold.

BUY:2494near SL:2490
BUY:2500near SL:2494
BUY:2507near SL:2500

Technical analysis only provides trading direction!
This signal is not a real-time trading guide, so please use a small SL to test the signal
Trade active
Scalping profits are collected first. We will wait for the price around 2510. Or wait for a down signal at 2531 before trading. snapshot
Fundamental AnalysisgoldintradaygoldlonggoldminersgoldtradingstrategyTrend AnalysisWave AnalysisXAUUSDxauusdsignalxauusdupdates

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