Gold 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!
تم فتح الصفقة
تم فتح الصفقة
Latest news summary Fed Governor Bowman: It is not the right time to cut interest rates yet. The basic outlook is that inflation will return to 2% as the policy rate remains unchanged for "some time". If the progress of inflation decline stagnates or reverses, I am willing to support rate hikes at future meetings. I don't think there will be a rate cut in 2024, and the time for rate cuts will be postponed to 2025. Bowman's recent hawkish stance will have an impact on the market. His speech revealed an open attitude towards rate hikes, which will boost the US dollar and put pressure on gold.
Later, the US Conference Board Consumer Confidence Index for June will be released: the market expectation is 100.0, down from 102.0 in May. The Consumer Confidence Index is an important indicator of economic health. If the data is lower than expected, it may have a negative impact on the US dollar, thereby supporting the decline in gold prices.
تم فتح الصفقة
We insist on selling. If it breaks 2320, gold will soon reach 2316~2310. If the trend continues, gold will fall to 2300. Click on my avatar and profile to see more analysis and signals
تم فتح الصفقة
Click on my avatar and profile to see more analysis and signals
تم فتح الصفقة
تم فتح الصفقة
تم فتح الصفقة
SELL zone: 2320-2325near.Multiple batches to enter the market.Use small size transactions. stop loss 2330 target 2310-2302 Trading direction may change at any time Click on my avatar and profile to see more analysis and signals
تم فتح الصفقة
It seems to be falling as expected, so hold it with caution. It fell to 2310 earlier, and then quickly swallowed up the decline, indicating that there are a lot of buy orders below 2310. There is some support
تم فتح الصفقة
تم فتح الصفقة
2313now Jiesse kindly reminds you: Don’t choose high-frequency scalping transactions. Wasting a lot of time will make you anxious and crazy, and finally lose yourself, your job and your good life.
تم فتح الصفقة
Today's selling direction is confirmed, and it has fallen by $10
تم فتح الصفقة
تم فتح الصفقة
XAUUSD SELL: 2311near SL:2313.8 TP:2302
تم فتح الصفقة
Click on my avatar and profile to see more analysis and signals
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.