Technical analysis of gold:
As of press time, the spot gold price fluctuated around $3,310, with a daily high of $3,387/ounce and a low of $3,291/ounce. There are signs of a daily high and a fall, and short-term technical overbought has prompted the bulls to temporarily stop. This retracement came relatively late, but it also conforms to the idea that a long rise will inevitably fall, but the big trend often comes inadvertently, breaking the conventional rising operation system. Referring to the strong rise in the past few days, we can temporarily wait for the low point of the decline before doing anything. For gold above, refer to the gains and losses near the integer mark of $3,368 and $3,390. If it breaks above, refer to the daily error band indicator of $3,400 for short selling. Real-time operation suggestions refer to the support of $3,280-3,285 below to go long!
XAUUSD GOLD XAUUSD GOLD
As of press time, the spot gold price fluctuated around $3,310, with a daily high of $3,387/ounce and a low of $3,291/ounce. There are signs of a daily high and a fall, and short-term technical overbought has prompted the bulls to temporarily stop. This retracement came relatively late, but it also conforms to the idea that a long rise will inevitably fall, but the big trend often comes inadvertently, breaking the conventional rising operation system. Referring to the strong rise in the past few days, we can temporarily wait for the low point of the decline before doing anything. For gold above, refer to the gains and losses near the integer mark of $3,368 and $3,390. If it breaks above, refer to the daily error band indicator of $3,400 for short selling. Real-time operation suggestions refer to the support of $3,280-3,285 below to go long!
XAUUSD GOLD XAUUSD GOLD 
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Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
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.