XAUUSD: Analysis and Signals for May 13

230
Gold technical analysis
Daily chart resistance 3284, support below 3200-3167
Four-hour chart resistance 3284, support below 3200
One-hour chart resistance 3270, support below 3200

Gold operation suggestions: In the Asian market on Tuesday, spot gold fell to 3216 and continued to rise, eventually breaking through 3260 US dollars. From the current trend analysis, the support below focuses on the first-line support of the 3200 integer mark, and the upper pressure focuses on the one-hour level resistance 3270 and the four-hour level resistance 3284 near the suppression. The short-term long and short strength watershed 3284 first-line mark, before the daily level breaks through and stands on this position, continue to maintain the idea of ​​rebound selling unchanged.

Today's CPI data, the volatility of the US market has increased, reduce the transaction size, set stop losses, and prevent unilateral market movements.

Sell: 3283near SL: 3288

Sell: 3270near SL: 3275

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