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PCE keeps gold stable above $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD. ⭐️ Personal comments NOVA: Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2304 - $2302 SL $2297 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2330 TP2: $2320 TP3: $2310 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
6
Is the expectation of gold's reduction to 22xx coming true?At the start of the buying and selling consultation on June 27 (US time), international gold expenses abruptly improved sharply after being "hurt" via way of means of a assertion from a US Federal Reserve (Fed) chief that prompted the USD to growth in value. , eliminating gold`s vast power. Specifically, Ms. Michelle Bowman, a member of the Board of Governors of the Fed, stated that the Fed maintaining hobby charges unchanged for an extended time period can be sufficient to govern inflation, and the Fed may even growth hobby charges if inflation increases. emission keeps to growth. FXTM senior studies analyst Lukman Otunuga affirmed that Michelle Bowman's assertion has prompted gold to be "hurt" as soon as again. From every other perspective, traders are presently listening to americaA May inflation file posted later this month. They assume that when the file, the course of gold can be clearer. Gold charge forecast Mr. Lukman Otunuga stated that gold expenses can also additionally vary strongly withinside the last classes of this week. In the quick term, the guide stage for this valuable metallic is 2,three hundred USD/ounce and the resistance stage is 2,340 USD/ounce. Although gold is suffering to keep the $2,three hundred/ounce mark, latest studies outcomes from State Street and the World Gold Council are expecting that the valuable metallic is attracting cash managers and hedge funds. State Street professional Milling-Stanley has raised his gold charge forecast for the second one 1/2 of of the year. It is predicted that gold charge will variety from 2,two hundred to 2,three hundred USD/ounce.
TVC:GOLDShort
by Chart_MasterPro
Bears are dominating the entire market☘️Gold prices hovered in a range just below the $2,300 mark during Thursday's Asian session and consolidated recent declines to a near two-week low touched the previous day. The Federal Reserve (Fed) has adopted a more hawkish stance and expects just one rate cut in 2024 at the end of its June policy meeting. Hawkish outlook for bond rate hike US Treasuries to a two-week high and the US Dollar (USD) to its highest since early May, are therefore seen as a drag on the unyielding yellow metal . Persistent geopolitical tensions and political instability, however, have provided some support for XAU/USD. The bears also seem reluctant to bet aggressively and prefer to wait for the release of the key US Personal Consumption Expenditures (PCE) Price Index on Friday. Meanwhile, Thursday's US economic data could create short-term opportunities later in the US session. ☘️From a technical perspective, the recent failure to build momentum above the 2334 resistance zone has caused sellers to push gold prices lower than 2300. Furthermore, the break of the uptrend line support Short-term decline near the $2,314 area has confirmed the negative short-term outlook. The downward pull on gold prices is strong, some subsequent selling below the horizontal support level of 2,285 USD is likely to drag Gold prices back to 2265. ☘️On the downside, any recovery attempt now appears to face resistance near the $2,312-2,314 support stop. Today the main resistance and price range of gold is around 2320-2322 with the resistance of the moving average EMA 34 and EMA 89 converging with gold's sharply falling break out point. The next upward move could lift the Gold price back to the 2,365 supply zone or back to the peak of 2,400. Gold first needs to close the daily candle above 2,334. Support: 2290 - 2286 - 2270 Resistance: 2311 - 2321 - 2334 SELL price range 23011 - 2303 Stoploss 2316 BUY price range 2291 - 2289 Stoploss 2286 BUY price range 2271 - 2269 stoploss 2265 SELL price range 2320 - 2322 stoploss 2325
OANDA:XAUUSD
by TVS-Trader
Analysis of gold price trend on Thursday 6/27Gold fluctuated narrowly below the 2,300 mark in Asian trading on Thursday. Gold prices fell 1% on Wednesday, hitting its lowest level in more than two weeks at 2,293 during the session, hurt by a stronger dollar and rising Treasury yields, while traders awaited U.S. inflation data to be released later this week. Investors began to digest expectations of monetary easing by the Federal Reserve, supporting the dollar's last upward momentum. The dollar rose 0.4% against other currencies to a near two-month high, making international gold more expensive for holders of other currencies, while the benchmark U.S. 10-year Treasury yield hit a near two-week high. It should be reminded that the market is also paying attention to the U.S. first-quarter gross domestic product (GDP) data to be released on Thursday and the important debate between President Biden and Republican presidential candidate Trump on Thursday. In addition, pay attention to changes in the number of initial jobless claims in the United States and the monthly rate of durable goods orders in the United States in May. Gold maintained the expected short position and continued to adjust. The daily line broke through the 2300 mark and closed. The connection structure continued the short position adjustment. The daily chart gold price deviated from the MA10/7-day moving average and concentrated on the 23 line. The RSI indicator continued to run below the central axis. The short-term four-hour chart price continued the MA10-day moving average low point and gradually moved down. The Bollinger band opened downward, and the RSI indicator ran at a low value of 30. The hourly chart fluctuated and fell. The hourly chart of the operation range of the middle and lower tracks of the Bollinger band first looked at 2290/2306 days. The idea of ​​gold trading remains the high-altitude idea! Asian trading strategy: Short-term gold 2286-2288 long, stop loss 2277, target 2300-2310; Short-term gold 2310-2313 short, stop loss 2319, target 2290-2280; Note: The above strategy was updated on June 27. This strategy is an Asian market strategy, please pay attention to the validity period of the strategy. US market strategy to be updated
OANDA:XAUUSDShort
by GenevieveJulia
GOLD ( UNDER GBP NEWS ) ( 4H )XAUUSD HELLO TRADERS Tendency the price attempt to reach a support trendline , indicating the price is under bearish pressure TURNING LEVEL : a blue line a round 2,323$ , which indicates two cases , the first cases until the price trade below 2,323 $ reach a support level , the second case the price breaking 2323$,the price reach resistance level RESISTANCE LEVEL : a green line , an area above the turning level , the gold price area for the resistance level 2,345$ , selling have already increase at this level SUPPORT LEVEL : a red line , an area below turning level , the gold price for the support level 2.302$ , buying have already increase at this level price movement : the price is under bearish pressure until trade below turning level at 2,323$ , it will attempt to reach support level at 2,302$ and 2,288$ , if the breaking this level the price trying to reach a resistance level at 2,345$ and 2,360$ TARGET LEVEL : RESISTANCE LEVEL : 2,345$ , 2,360$ SUPPORT LEVEL : 2,302$ , 2,288$
OANDA:XAUUSDShort
by ArinaKarayi
1
World gold price dropped to its lowest level#GOLD ANALYSIS - June 27, 2024 ⏬Sell Gold at fee variety 2315-2320 ❌Stop location 2325 ⏫Buy brief Gold at fee variety 2295-2300 ❌Stop location 2285 🌐In the 4th session, yesterday. True to yesterday`s analysis, Gold fee persisted to weaken, attaining the bottom guide area of the day at 2294. ✅The promoting stress during the last few days has proven no symptoms and symptoms of ending, however, withinside the cutting-edge fee variety it is able to be taken into consideration a pretty critical guide area, so private opinion on this location the fee of gold might also additionally growth slightly. earlier than new developments appear. ✅Traders should purchase brief on the cutting-edge fee variety of 228x-229x and anticipate a brief growth all through the day to discover a Sell factor withinside the close to future. -- Mr. Bart Melek, commodity strategist at funding financial institution TD Securities, stated that the gold marketplace can be reacting to the strengthening of the USD. According to Mr. Melek, americaA Federal Reserve (Fed) is not likely to alternate hobby fees in early summer. The USD rose 0.4% to its maximum stage in almost months in opposition to different currencies. This made gold extra steeply-priced in opposition to different currencies, at the same time as US 10-12 months bond yields hit a almost -week high. Traders at the moment are looking forward to US inflation statistics later this week. The statistics ought to shed mild at the valuable financial institution`s hobby charge path. In addition, the marketplace additionally centered its interest on US financial increase statistics and the critical debate among US President Joe Biden and Republican candidate Donald Trump taking location on June 27 nearby time. Data launched on June 25 confirmed that US client self assurance fell in June amid worries approximately the financial outlook. However, families stay constructive approximately the hard work marketplace and assume inflation to mild subsequent 12 months. On June 25, Fed Governor Michelle Bowman stated that maintaining coverage hobby fees strong for some time can be sufficient to govern inflation, however emphasised that the Fed is prepared to boom borrowing expenses if necessary.
TVC:GOLDShort
by Chart_MasterPro
XAUUSD ( UNDER SWING 2,337 $ )XAUUSD HELLO TRADERS in the last chart , as mentioned the price under bearish pressure , dropping + 180 pip it is continues a dropping to 2,302 $ Tendency the price is a bearish pressure in 2,327$ TURNING LEVEL : the price turning level at 2,327$ , price stable below this level it becomes reach a support level , but if breaking this level by open 4h candle above this level reach to 2,343$ active bullish area RESISTANCE LEVEL: if the price braking turning level at 2,327$ , the price will rise to 2,343$ and 2,357 $ , then stable this level reach to 2,372 $ SUPPORT LEVEL : the price trade below turning level 2,327$ , it will reach the support level of 2,302 and 2,288 $, stable this level reach to 2,260 $ CORRECTIVE LEVEL : price will 2,327$ or swing 2,337$ , correct itself before decline ------------------------------ * Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
OANDA:XAUUSDShort
by ArinaKarayi
Trading Signal For Gold XAUUSD Trading Setup: A Trading Signal is seen in the Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2338.0 ⭕️SL@ 2349.1 🔵TP1@ 2299.9 🔵TP2@ 2282.6 🔵TP3@ 2251.1 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
OANDA:XAUUSDShort
by pullbacksignal
3
GOLD UPDATE 17/06/24 - 21/06/24- Gold prices remain under pressure, continuing their bearish trend after a steep sell-off last Friday. Today, gold prices fell as the U.S. dollar strengthened. This rise of 0.1% in the dollar makes gold more expensive for holders of other currencies. - Technical View The key level is 2,234. A sustained move under $2,344 will signal the presence of sellers. If this creates enough downside momentum, then look for the selling to possibly extend into the last swing bottom at $2,277.34. This could trigger an acceleration to the downside with the next target bottom at $2,146.15.
OANDA:XAUUSD
by GOLDFXCC
DOWN trend for Gold!! Expected mark $2300⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) dips for the second day, hitting over a week's low during Wednesday's Asian session. Influential Federal Reserve officials' recent hawkish comments imply no imminent rate cuts due to a strong US economy. This boosts US Treasury bond yields and the US Dollar, negatively impacting the non-yielding gold. ⭐️ Personal comments NOVA: Gold price in the H1 trend line is decreasing - selling pressure exists. Pay attention to support areas ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2294 - $2292 SL $2287 TP1: $2300 TP2: $2308 TP3: $2315 🔥BUY GOLD zone: $2300 - $2302 SL $2297 scalping TP1: $2306 TP2: $2310 TP3: $2315 🔥SELL GOLD zone: $2334 - $2336 SL $2341 TP1: $2328 TP2: $2320 TP3: $2310 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
9
XAUUSD:26/6 Analysis and StrategySpot gold technical analysis Daily resistance 2340-70, support below 2277 Four-hour resistance 2337, support below 2295-2277 Gold operation suggestions: Yesterday, the technical aspect of gold rose first and then fell. The price fell slightly in the Asian and European sessions and stabilized at the 2322 mark, ushering in a bottoming rebound. Before the European session, it further stabilized and rebounded to stand above the 2330 mark, and continued to rise to around 2337, then fell under pressure and fell rapidly. The overall gold price in the US session continued to fall and broke through the Asian session low of 2322, and fell to a weak closing near 2315. The overall price continued to show a suppressed downward trend at the 2337 mark. From the 4-hour analysis, today's upper short-term resistance is around 2337. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target continues to focus on new lows. The short-term long-short strength and weakness watershed focuses on the 2340 line. Any rebound before the daily level breaks through and stands on this position is a short-selling opportunity. SELL:2345near SELL:2328near SELL:2337near Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
Gold will continue to fall, trading plan for WednesdaySpot gold continued its decline yesterday in early Asian trading on Wednesday and is currently trading around 2312. Gold prices fell 0.63% on Tuesday. Fed Governor Bowman's hawkish speech helped the dollar rise, which had a significant impact on gold prices. In addition, Israel's preference for ending the conflict with Hezbollah through diplomatic means also suppressed safe-haven buying demand. Investors await U.S. inflation data to be released later this week, which may provide clues about the timing of the Fed's interest rate cut this year. U.S. consumer confidence fell in June despite a healthy labor market and expectations of easing inflation over the next year. The dollar rose 0.2% against other currencies, making international gold more expensive for holders of other currencies, while 10-year Treasury yields also edged higher. Gold hit a record high of $2,449 on May 20 and has risen 12% so far this year, supported by hopes of a rate cut by the Federal Reserve and aggressive gold buying by central banks amid geopolitical tensions. This week, traders will focus on U.S. first-quarter gross domestic product (GDP) data on Thursday and the personal consumption expenditures (PCE) price index report on Friday. Gold moves down in the expected short adjustment range, and the short idea is maintained. Technically, the daily MA10 daily moving average is at 2326, the 5/7-day moving average and the middle track of the Bollinger band are overlapped to maintain the 2330 line of suppression, and the RSI indicator is adjusted below the middle axis. The short-term four-hour moving average crosses downward, and the MA10/7-day moving average moves down to 2324/226. The hourly chart maintains the middle and lower tracks of the Bollinger band, and the RSI indicator runs below the middle axis.The gold trading idea is to sell high as the main layout, and buy low as the auxiliary. Asian trading strategy: Short-term gold 2302-2304 long, stop loss 2295, target 2320-2330; Short-term gold 2328-2330 short, stop loss 2339, target 2310-2300; Note: The above strategy was updated on June 26. This strategy is an Asian market strategy, please pay attention to the validity period of the strategy. US market strategy is waiting to be updated
OANDA:XAUUSDShort
by GenevieveJulia
XAUUSD: 25/6 Analysis and StrategyGold technical analysis Daily resistance 2340-70, support below 2277 Four-hour resistance 2350, support below 2307-2277 Gold operation suggestions: Yesterday, the overall technical aspect of gold quickly dropped in the Asian session and stabilized at the 2318 mark, ushering in a bullish shock recovery repair. The price in the Asian and European sessions rose slightly and pierced the 2332 mark, suppressed and fell rapidly. Before the US session, it stabilized at the 2320 mark and further rebounded and rose. The gold price slowly climbed above 2330 and reached a high of 2334. After the sharp drop last Friday, the overall price did not continue to fall, but supported and stabilized at the 2318 mark to form a bullish shock rebound repair market. However, the overall technical indicators are still in a suppressed bearish pattern. Yesterday's short-term rebound did not change the overall suppressed bearish rhythm. From the 4-hour analysis, today's upper strong resistance is still focused on 2335-2343. The intraday pullback relies on this position to continue to be bearish and trend trading. The lower target continues to focus on breaking new lows. The short-term long-short strength and weakness watershed focuses on the 2350 mark. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity. Keep trading with the trend. SELL:2345near SELL:2328near BUY:2277near Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
1
Gold OverviewGold has broken its 1H Trend line and Retested it again now its moving downwards to our daily Resistance (POI) its a Significant level of Almost on each higher time frame as its Support level over Weekly and monthly charts so we are keeping an eye over this level a long time now as we have said that we are waiting for Some fundamental data which is too significant in this scenario we are waiting home sales data in our favor and gold will likely to rise today but its too early to give any opinion so we will wait for news and then put our position as we have taken a short trade with almost 1.94 R:R which is currently runing Keep your Losses tight and targets higher only thing in market to take care is your balance and your losses
OANDA:XAUUSD
by Wakeel_Saab
XAU/USD 26 June 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterday's weekly analysis dated 25 June 2024. -> Swing: Bullish. -> Internal: Bearish. Price has reacted at premium of 50% EQ of the swing range, which is marked in black, and very close to a H4 POI. Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase. Intraday expectation: Price to target weak internal low. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. As per previous intraday expectation price did target weak internal low and printed a bearish iBOS. Price has printed a bullish CHoCH indicating, but not confirming bullish pullback initiation following bearish iBOS. Intraday expectation: Price to either react at premium of 50% EQ or M15 POI before targeting weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Analysis of gold price trend on Tuesday 6/25In early Asian trading on Tuesday, gold fluctuated and fell, currently trading around 2325. Gold prices rebounded 0.56% on Monday, helped by the dollar's retreat as Fed officials said the risk of rising unemployment was increasing. Investors began to wait for U.S. inflation data to be released later this week, which may affect the Fed's monetary policy path. The dollar fell 0.3%, risk appetite deteriorated, and investors seeking safety bought gold, making gold attractive to holders of other currencies. It should be reminded that the U.S. dollar index showed a similar "engulfing" bearish candlestick combination at the daily level, and it is necessary to be vigilant about the further downside risk of the U.S. dollar index in the short term, which may provide further opportunities for gold prices to rebound. The focus this week will be Friday's U.S. personal consumption expenditures (PCE) price index data, which is the inflation indicator favored by the Federal Reserve. Pay attention to the performance of the U.S. Conference Board Consumer Confidence Index in June this trading day. Also of concern are the speeches that several Fed officials will make this week, including Fed Governors Cook and Bowman. Gold rebounded and adjusted in the late trading, the weekly MA10 was moving down, and the Bollinger middle track was moving up. The entire weekly trend trajectory was in line with the prediction last week, that is, the overall weekly trend was expected to be a contraction trend between the MA10 and the Bollinger middle track. The technical side entered into a shock consolidation again, and the daily line could not rule out the possibility of continuing to alternate between yin and yang. The high-altitude and low-multiple ideas are deployed during the day! First look at the 2326/2320 support and 2338/2343 resistance during the day. Asian trading strategy: Short-term gold 2315-2318 long, stop loss 2306, target 2335-2345; Short-term gold 2335-2338 short, stop loss 2344, target 2320-2310; Note: The above strategy was updated on June 25. This strategy is an Asian strategy, please pay attention to the effective time of the strategy
OANDA:XAUUSDShort
by GenevieveJulia
Accumulation price zone - XAU continues to trade below 2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower despite weaker USD. Stronger US PMI delayed interest rate cut, limiting gold's upside. However, safe-haven flows from geopolitical tensions in the Middle East and Ukraine may boost gold in the near term. Investors will closely watch the speeches of Fed members Lisa Cook and Michelle Bowman on Tuesday. Key economic data to pay attention to this week includes the final Q1 US GDP reading on Thursday and the May PCE Price Index on Friday. If there are signs of declining inflation, it could lead to expectations of Fed rate cuts in 2024, potentially weakening the US dollar and benefiting USD-denominated Gold. ⭐️ Personal comments NOVA: Gold price continues to maintain the price range below 2350 - 2300 today, a cumulative sideway price range. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2302 - $2300 SL $2295 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2341 - $2343 SL $2348 TP1: $2335 TP2: $2328 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
4
Trading Signal For Gold XAUUSD Trading Setup: There is a Trading Signal to Buy in Gold XAUUSD (h1) Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2322.9 ⭕️SL @ 2314.4 🔵TP1 @ 2344.6 🔵TP2 @ 2357.9 🔵TP3 @ 2405.4 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
OANDA:XAUUSDLong
by pullbacksignal
2
Gold Gains Momentum Around $2,319 in European SessionGold attracts buyers around the $2,319 mark during Monday’s European session, aligning with the 61.8% Fibonacci level. This confluence area presents a potential pullback zone, especially with the Relative Strength Index (RSI) indicating oversold conditions. US Bond Yields and Federal Reserve Speculation The decline in US bond yields further supports gold's bullish sentiment. Speculation is strong that the Federal Reserve (Fed) will implement two rate cuts this year. Expectations for these cuts have been bolstered by easing inflationary pressures in the United States. Consequently, the 10-year US Treasury yields have dropped to near 4.25% on Monday. Comprehensive Market Analysis Examining the Commitment of Traders (COT) report, technical analysis, and fundamental factors, we observe a strong case for a continued bullish trend in gold. The technical indicators, combined with favorable market fundamentals, suggest that gold's upward momentum is likely to persist. In conclusion, the convergence of these technical and fundamental factors points to a bullish continuation for gold, making it an attractive asset in the current market environment.
OANDA:XAUUSDLong
by FOREXN1
1
GOLD ( STABLE UNDER 2,337$ )XAUUSD HELLO TRADERS the price of gold yesterday , stable in 2,327$ to rise , today stable under 2,337 $ , should will the price corrective to 2,337 $, may be swing 2,343 before decline . Tendency of the price is under bearish pressure , the price of gold stable trading below turning level at 2,337$, will reach to support level 2,322 $ and 2,302 . for bullish of the price should be breaking a turning level at 2,337 $ , by open a 4h and 1h candle above 2,337$ , easily the price to reach a resistance level at 2,357, stable this level reach to another resistance at 2,372 $ . ---------------------- * Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
OANDA:XAUUSDShort
by ArinaKarayi
XAUUSD: 20/6 Thursday’s Analysis and StrategyTechnical analysis of gold Daily resistance 2340-70, support below 2277 Four-hour resistance 2350, support below 2307-2277 Gold operation suggestions: The overall price of gold is fluctuating in a narrow range at a high level. In the short term, the overall trend of gold is still suppressed below 2340, because the daily level has not yet stabilized at 2340. Before that, the daily level is likely to continue to fluctuate between long and short positions. Today's lower support continues to focus on 2317-2315, and the upper pressure focuses on today's high point 2345. You can participate in the transaction by selling high and buying low in this range. SELL:2345near SL:2348 SELL:2328near SL:2331 BUY:2277near SL:2274 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ