Yesterday, the US dollar index rose and fell, and the daily line closed in the negative. At present, the US dollar is mainly falling, with upper resistance near 99.9 and support near 98.5-97.8. The gold monthly line is likely to close with a cross star, so no matter how it moves today, it will not have much impact.
Combined with the analysis of the trend of the big cycle, gold will temporarily follow the idea of oscillation today. The daily support is near 3304, which is also the low point of the evening decline. If this position is not broken, you can buy longs. If the market falls below 3304, first look at 3298-3288, and it is not ruled out that it will go to 3278 or even yesterday's low.
The upper pressure focuses on the high point near 3321-3331. Breaking through and stabilizing will challenge near 3345-3353.
The analysis is for reference only, and the specific real-time signal shall prevail.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD
Combined with the analysis of the trend of the big cycle, gold will temporarily follow the idea of oscillation today. The daily support is near 3304, which is also the low point of the evening decline. If this position is not broken, you can buy longs. If the market falls below 3304, first look at 3298-3288, and it is not ruled out that it will go to 3278 or even yesterday's low.
The upper pressure focuses on the high point near 3321-3331. Breaking through and stabilizing will challenge near 3345-3353.
The analysis is for reference only, and the specific real-time signal shall prevail.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD Note
Gold price can be considered to buy when it reaches the lower support area of 3290-3288 of Henry analysis. The target is the upper resistance of 3310-3320.
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Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
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.