XAUUSD:7/2 Today's Market Analysis and Strategy

Gold technical analysis
Daily resistance 2900, support below 2772
Four-hour resistance 2900, support below 2855

Gold operation suggestions: Yesterday (2.6), gold was under pressure at the 2870 mark and was suppressed and fell back to fluctuate downward. The US market accelerated downward to break through the 2850 mark and reached near 2834, stabilized and rebounded, and returned to the 2850 mark and closed in a volatile manner. The daily K-line chart was blocked and fell back. The overall price continued to be suppressed below the 2870 mark yesterday after being under pressure at the 2880 mark the previous day. It ushered in a volatile adjustment.

From the 4-hour analysis, pay attention to the support of 2855 below, the support near 2772 at the daily level, and the short-term resistance above pays attention to the 2872 line. In my opinion, today's NFP data will fall first and then rise. Shorting first looks at the 2800 mark and then buys with a light position with a stop loss, and then looks at the 2772 mark to buy and continue to be bullish. Overall, rely on this range to maintain high selling and low buying.

BUY:2772near SL:2768

BUY:2800near SL:2795

Technical analysis only provides trading direction!