XAUUSD: 9/12 Market Analysis and Strategy

٩ ديسمبر

Technical analysis of gold
Daily resistance 2700, support below 2580
Four-hour resistance 2654, support below 2627

Gold operation suggestions: Gold's technical side last Friday was slightly higher under the influence of the positive NFP data, and it was under pressure from the 2643 mark, and then fell under the shock. It finally closed below the 2640 mark and showed weak shocks. Today's Asian session slightly jumped high and pierced the 2647 line, and then fell under the degree of suppression and shock. In the short term, the gold price suppressed the recent weak shock consolidation trend below the 2660 mark.

From the current 4-hour line trend analysis, we focus on the 2654 line pressure above, and the 2637-2627 line short-term support below. In terms of operation, we will continue to participate in the trend. At present, the 2637-2627 weekly and daily level support below has been supported, and we can continue to be bullish.

BUY:2637near

BUY:2627near

The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.

٩ ديسمبر

ملاحظة

Only when gold breaks through 2666, bulls will open up the upward space. Otherwise, it will still fluctuate in the 2605-2666 range. From the chart, it is possible to fall if 2666 is not broken. Don't chase the high position. It is better to choose a high position below 2666 to short, and wait until it is close to the support 2637/2627 before buying. I still recommend that if the range is not broken, short-term high-selling and low-buying should be fast in and out. If the range is broken, follow the trend and test boldly! At the early stage of the turning point of the trend, you need to take a light position and possibly stop the loss!