Gold technical analysis Daily resistance 2800, support 2700 Four-hour resistance 2790, support 2750-25
Gold operation suggestions: Yesterday, the gold market fluctuated in a large range. After opening at 2763 in the Asian session, the market first rose to the high point of 2766, and then fluctuated and fell all the way, with the lowest point at 2744. The gold price was strongly pulled up by the upward trend line and fundamentals of this round. The daily line finally closed near 2759. The current daily line pattern continues to be strong.
From the current 4-hour analysis, we pay attention to the short-term suppression of 2780 on the top and the short-term support of 2755-50 on the bottom. In terms of operation, we mainly follow the trend, buy on dips during the day, wait for a record high, and patiently wait for key points to enter the market.
BUY:2765~2770near
Technical analysis only provides trading direction!
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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.