UnknownUnicorn55352658

XAUUSD: Technical analysis and today's layout

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Information aspect:
G7 "hawkish wind vane" unexpected interest rate hike set off a storm, the US index fell deeply to boost crude oil, gold plunged $30; Day focus on 14:30 early please release the data

Disk aspect:
Yesterday, gold went a first shock rise after a high fall market trend, the opening in 1963, a small rise in the morning to 1966.5 after a wave of fall, the lowest fall in Asia and Europe reached 1954.7, the United States under the influence of the news surface the highest pull up touched 1970, and then gold in the end there was a sharp fall in the market, Below 1954, it fell further and finally closed at 1939.8.

The four-hour map began to close parallel, small oscillations between the two days of 1954-1966 break, yesterday's repeated high fall did not break the track, the four-hour chart closed low to break through 1954 low, the local short line is weak, the current 1954 support resistance, the inter-cell long and short transition point, today under this 1954 can be short, followed by 1966 resistance.

Operation suggestion:
(1) First see sell around 1954, target 1946-1940

(2) See 1966 sell at any time within the day, the target is to see 1955-1945
Trade active:
1948
Trade active:
Sideways vibration, waiting for approach time
Trade active:
Time to sell 1954
Trade active:
sell again
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.