XAUUSD: Sell at 2404-2416

The 4h chart shows that bulls currently have the advantage, but on the 30M chart, it is currently in the resistance range of 2396-2404. If it cannot break through, it will fall back to the 2384-2373 range.

If the range support is effective, you can continue to go long and pay attention to the resistance of 2396-2404 again. If it breaks through, consider 2409-2416.

Trade ist aktiv:

it gained some support

Trade ist aktiv:

Before there is a breakthrough, trade around the 2389-2378 range. If it breaks upward, focus on the resistance of 2392-2396. If it falls below, focus on the support of 2373-2366.
The 2h chart is currently a short trend, so the focus is to observe the resistance. If the resistance cannot be broken, causing the trend to reverse, then the probability of falling below 2360 today is relatively high.

Trade ist aktiv:

It found support at 2373 and then started to rise. Watch for resistance in the 2398-2404 range.

Trade ist aktiv:

Backtest support

Trade ist aktiv:

After completing the backtest, it rises again. If it cannot break through, what awaits it will be a sharp drop.

Trade ist aktiv:

There is no breakthrough resistance and a sharp decline begins.

Trade ist aktiv:

Gold has tried the resistance range of 2396-2398 many times, but still failed to break through. A double top has appeared in the form.
Gold has tried the resistance range of 2396-2398 many times, but still failed to break through. A double top has appeared in the form.

Trade ist aktiv:

Gold has tried the resistance range of 2396-2398 many times, but still failed to break through. A double top has appeared in the form.

Trade ist aktiv:

Arrive at 2366

Trade ist aktiv:

Pay attention to the resistance near 2381, go short if it cannot break through, and target 2358-2333.

Trade ist aktiv:

It is trying to break through the resistance. Friends who hold short orders, be careful about your accounts. If you cannot bear the risk that it may reach around 2413, close it early.