OANDA:XAUUSD   Gold Spot / U.S. Dollar
Technical analysis: from the point of view of H1, the gold price shows a concussion adjustment market, the concussion range , from H4, the gold price has a pressure level of 1775-1780 above, and support of 1760 and 1745 below. Today, we will focus on whether the gold price falls below 1760. Once the gold price falls below 1760, the gold price will start a weak decline. If the gold price cannot fall below 1760, it will rebound and rise to 1775, and then fall again, thus forming a strong decline in the "M" head. Trading suggestions:
1, the gold price does not fall below 1760, trade the buy order, otherwise sell
2, the gold price does not break through 1775, trade the sell order, otherwise buy
3, the gold price trades the buy order at 1745
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