CFDs on Gold (US$ / OZ)
Short

XAUUSD: 23/4 Today's Market Analysis and Strategy

181
Gold technical analysis
The resistance level of the four-hour chart is 3400, and the support level is 3285
The resistance level of the one-hour chart is 3371, and the support level is 3300
The resistance level of the 30-minute chart is 3350, and the support level is 3300.

The current gold price is short-term bearish.
The Asian session continued to break through 3300, falling to 3291.8, and then rebounded quickly. If the price falls below the 3300 integer mark again, it may further fall to 3285. After breaking the support of 3285, it will continue to test 3245.

If the price rebounds and breaks through the previous high resistance level of 3350 US dollars, the short-term trend may turn bullish.

Sell: 3350near SL:3355
Sell: 3285near SL:3290
Buy: 3300near SL:3295

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