XAUUSD:17/7 Today's Analysis and Strategy
Aktualisiert
Gold technical analysis
Daily resistance 2500, support below 2400
Four-hour resistance 2500, support below 2466-40
Gold operation suggestions: Yesterday, gold technically relied on the support of 2420 and accelerated to break through the previous high of 2450. The overall technical aspect continued the extremely strong unilateral upward trend of the bulls.
From the 4-hour analysis, today's lower support continues to focus on the hourly top and bottom conversion position of 2450. The intraday retracement relies on this position to continue to be bullish. The upper target still focuses on the historical high. The short-term gold price bullish strong dividing line moves up to 2420-24. The daily level stabilizes above this position and continues to maintain the same low-multiple rhythm. Before a clear suppression pattern appears, short orders should be cautious.
BUY:2466near SL:2461
BUY:2440near SL:2435
Technical analysis only provides trading direction!
Daily resistance 2500, support below 2400
Four-hour resistance 2500, support below 2466-40
Gold operation suggestions: Yesterday, gold technically relied on the support of 2420 and accelerated to break through the previous high of 2450. The overall technical aspect continued the extremely strong unilateral upward trend of the bulls.
From the 4-hour analysis, today's lower support continues to focus on the hourly top and bottom conversion position of 2450. The intraday retracement relies on this position to continue to be bullish. The upper target still focuses on the historical high. The short-term gold price bullish strong dividing line moves up to 2420-24. The daily level stabilizes above this position and continues to maintain the same low-multiple rhythm. Before a clear suppression pattern appears, short orders should be cautious.
BUY:2466near SL:2461
BUY:2440near SL:2435
Technical analysis only provides trading direction!
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