Gold technical analysis
Daily chart resistance 3350, support 3200
Four-hour chart resistance 3320, support 3245
One-hour chart resistance 3320, support 3280.
Gold rose more than 2% in a single day, and the price was outside the upper track of the Bollinger Band. There is a short-term overbought repair demand, but the overall upward trend remains unchanged. Look for buying opportunities near support.
If the NY time period breaks through 3320 and reaches a new high again, the short-term target will be 3350; if it falls below 3280, it may
probe the support near 3245.
3000/3100/3200/3300 The historical stage highs are broken again. 3300 will be a new starting point, and the next stage target is 3400
Therefore, today's strategy continues to follow the trend, buy after standing firm at 3320, and look at 3350.
After falling below 3280, follow the sell, and the target is near the previous high of 3246.
Daily chart resistance 3350, support 3200
Four-hour chart resistance 3320, support 3245
One-hour chart resistance 3320, support 3280.
Gold rose more than 2% in a single day, and the price was outside the upper track of the Bollinger Band. There is a short-term overbought repair demand, but the overall upward trend remains unchanged. Look for buying opportunities near support.
If the NY time period breaks through 3320 and reaches a new high again, the short-term target will be 3350; if it falls below 3280, it may
probe the support near 3245.
3000/3100/3200/3300 The historical stage highs are broken again. 3300 will be a new starting point, and the next stage target is 3400
Therefore, today's strategy continues to follow the trend, buy after standing firm at 3320, and look at 3350.
After falling below 3280, follow the sell, and the target is near the previous high of 3246.
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💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
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.