ActuaryJ

XAUUSD: 14/12 Today’s Analysis and Recommendations

Long
ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold technical chart daily line, upper pressure 2040-2072 and lower support 1983
Four hours, the upper pressure is 2042 and the lower support is 2000
One hour, the upper pressure is 2042-2066 and the lower support is 2021-2000

✅Operational suggestions:
Yesterday, gold rose strongly and broke through the 2000 mark. The 2010 level above also briefly fluctuated and then broke.
I have said before that the 2000 mark is the watershed between bulls and bears, so above the 2000 mark we turn long and look towards 2060-2100, and maintain the low-long thinking during the day. Above, 2042 and 2066 are also effective suppressions.

BUY: Near 2021, target 2040-2060

SELL: Near 2042, target 2030-2020

SELL: Near 2066, target 2040-2030

You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
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A new week has begun, I hope my advice is useful to you

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