XAUUSD:5/1 Today Analysis and Strategy
Updated
Gold technical chart daily pressure is 2053, with support below 2040-2000
Four-hour pressure 2053-2069, support below 2040-2030
One-hour pressure 2053-2069, support below 2040-2030
Operational suggestions: Yesterday, the technical level of gold closed near the 2044 mark on the daily level. I have said before that the 2040 mark is the long and short watershed on the daily line. Today, we still focus on the 2040 watershed to make orders. If the entity breaks the position, it will mean that the short trend has officially started.
BUY:near 2043
BUY:near 2055
SELL:near 2039
Four-hour pressure 2053-2069, support below 2040-2030
One-hour pressure 2053-2069, support below 2040-2030
Operational suggestions: Yesterday, the technical level of gold closed near the 2044 mark on the daily level. I have said before that the 2040 mark is the long and short watershed on the daily line. Today, we still focus on the 2040 watershed to make orders. If the entity breaks the position, it will mean that the short trend has officially started.
BUY:near 2043
BUY:near 2055
SELL:near 2039
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