CFDs on Gold (US$ / OZ)
Long
Updated

XAUUSD: 25/2 Today's Market Analysis and Strategy

447
Gold technical analysis
Daily chart resistance 3000, support below 2892.
Four-hour chart resistance 3000, support below 2921.

Gold operation suggestions: Gold fell first and then rose yesterday, ushering in a strong bull bottoming out and breaking through the high. The US market accelerated to break through the 2956 mark and was suppressed and fell back. It quickly fell and once broke through the 2940 mark to reach around 2930, stabilized and rebounded, and finally returned to 2950 and closed.

From the current 4-hour analysis, the support below continues to focus on the vicinity of 2921, and the short-term pressure above focuses on the 2950-55 line. Continue to sell high and buy low in this range, and wait patiently for key points to enter the market.

Buy: 2930near. SL: 2925

Buy: 2921near. SL: 2915

Buy: 2892near. SL: 2888

Use small size, control risk
Trade active
The buy signal has made a profit of over $10, I hope you followed it. snapshot

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