ActuaryJ

XAUUSD:21/5 Today’s Analysis and Strategy

Long
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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold technical analysis
Daily resistance is 2450-2500, support below is 2411-2371
Four-hour resistance 2435-2450, support below 2411

Gold operation suggestions:
Judging from the current market trend, the lower support continues to focus on yesterday's NY time low near 2411, and the upper pressure focuses on the short-term near 2435, focusing on the suppression of 2435. Relying on this range to maintain a wide range of shock operation, the short-term bulls' strong dividing line still focuses on the 2400 integer mark , before the daily level falls below this position, it still maintains the long advantage and continues to sell high and buy low.


BUY:2435 near SL:2430
BUY:2411 near SL:2406
BUY:2400 near SL:2397
Technical analysis only provides trading direction!

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