XAUUSD: 8/4 Today’s Analysis and Strategy
Daily resistance is 2354, support below is 2300-2276
Four-hour resistance 2342-54, support below 2300-2276
Gold operation advice: From the perspective of the general cycle trend of gold, the gold weekly maintains an upward trend, with high points being refreshed again and again, with the target targeting 2400. Although there is hope that it will continue to break through, it will take time. The weekly trend has been rising in recent weeks. Large fluctuations, but the general direction remains unchanged
On Monday, gold opened lower and hit a low near 2304. Today, focus on the 2300 integer and 2276 support below. The upper resistance is 2342 and 2354. The short-term long-short dividing line is 2305. Fall back to this position and continue to go long.
BUY:2305 near
BUY:2276 near
SELL:2354 near
Four-hour resistance 2342-54, support below 2300-2276
Gold operation advice: From the perspective of the general cycle trend of gold, the gold weekly maintains an upward trend, with high points being refreshed again and again, with the target targeting 2400. Although there is hope that it will continue to break through, it will take time. The weekly trend has been rising in recent weeks. Large fluctuations, but the general direction remains unchanged
On Monday, gold opened lower and hit a low near 2304. Today, focus on the 2300 integer and 2276 support below. The upper resistance is 2342 and 2354. The short-term long-short dividing line is 2305. Fall back to this position and continue to go long.
BUY:2305 near
BUY:2276 near
SELL:2354 near
Trade active:
Gold moves slowly before NY market opens
Trade active
Trade active
Trade active:
An IB breakthrough is formed at 15/30 minutes, and gold will continue to rise if it stands firm at 2330. At present, 2330 has become the dividing line between long and short.
Trade active
Trade active
Trade active
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