CFDs on Gold (US$ / OZ)
Long
Updated

24/2 Today's Market Analysis and Signals

324
Gold technical analysis.
Daily resistance 3000,
Support below 2892
Four-hour resistance 3000,
Support below 2930

Gold operation suggestions: Gold 4-hour level enters high-level fluctuations, with 2920-2915 area as support below, maintaining high-level strong fluctuations, the daily level upward trend remains unchanged, gold prices will rebound every time they step back on the 10-day moving average, the key support area, bulls will strengthen after touching it. The short-term bullish trend remains unchanged.

From the current 4-hour analysis, the support below continues to focus on the vicinity of 2930, and the short-term pressure above focuses on the 2940-45 line. Focus on the 2930 line support at the four-hour level. If the four-hour closing price falls below 30, it will be bearish. The overall trend continues to rely on this range to maintain high selling and low buying, and patiently wait for key points to enter the market.

BUY:2930near SL:2925

BUY:2892near SL:2888

Use small size, control risk
Trade active
Today is a good start.
According to the previous analysis, we are ready to buy after stabilization snapshot

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