Gold Spot / U.S. Dollar
Short
Updated

XAUUSD: Market strategy and analysis on June 24

266
Gold technical analysis
Daily chart resistance 3400, support 3286
4-hour chart resistance 3345, support 3304
1-hour chart resistance 3335, support 3315

B2 bombing was carried out over the weekend, the scale of the war expanded, and the ceasefire was directly stopped on Monday. The news is changing at any time. Now the market risk aversion has subsided, and the gold price has fallen rapidly!

The 3400 mark has been under pressure for many times and failed to break through. With the news of the ceasefire agreement, the short-term correction pressure has increased.

Today, gold directly fell below the 3340 support. The loss here means that the shorts will further develop momentum downward. Next, gold will focus on the second highest point of the 1-hour line rebound 3357 as a defense point. If it continues to fall and test the 3300 integer mark, you can try to buy.

SELL:3340near

BUY:3300near
Trade active
Is there anyone who bought near the 3300 integer support like me? This is a good plan. Short-term rebound can be scalped. Continue to pay attention to the 3330/3340 resistance position above snapshot

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