XAUUSD:9/8 Today Analysis and Strategy
Updated
Technical analysis of gold
Daily resistance 2425-58, support below 2401
Four-hour resistance 2425, support below 2401
✅Gold operation suggestions: Yesterday, the technical side of gold ushered in a strong upward shock in the volatile trading, and the overall price formed a stage bottom area support at the 2380 mark. At the same time, in the short term, after experiencing continuous declines, it stabilized and rebounded and returned to the wide range of long and short shocks
Today, the support below is around 2409-2407, and the pressure above is around 2427-36. Relying on this range to maintain the rhythm of high selling and low longs, the recent gold price is likely to rely on the 2390 support and 2440 pressure to continue to maintain the rhythm of long and short tug-of-war.
BUY zone: 2407~2410
The last trading day of this week
Daily resistance 2425-58, support below 2401
Four-hour resistance 2425, support below 2401
✅Gold operation suggestions: Yesterday, the technical side of gold ushered in a strong upward shock in the volatile trading, and the overall price formed a stage bottom area support at the 2380 mark. At the same time, in the short term, after experiencing continuous declines, it stabilized and rebounded and returned to the wide range of long and short shocks
Today, the support below is around 2409-2407, and the pressure above is around 2427-36. Relying on this range to maintain the rhythm of high selling and low longs, the recent gold price is likely to rely on the 2390 support and 2440 pressure to continue to maintain the rhythm of long and short tug-of-war.
BUY zone: 2407~2410
The last trading day of this week
Trade active
Welcome to check my profit 
Join my Telegram channel
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
t.me/Makemorecoins
✅Free Analysis and Signals
✅Technical Support
✅profit cooperation
t.me/Makemorecoins
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.