ActuaryJ

XAUUSD: 2/1 Today Analysis and Strategy

ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold technical chart daily line upper pressure 2088 and lower support 2053-2040
In four hours, the upper pressure is 2069-2088 and the lower support is 2066.
One hour upper pressure 2073-2080 lower support 2066
Operation suggestions:
Gold is currently consolidating in a range. As shown in the figure above, go long above 2069 and short below 2066.

Long order: long near 2069
Long order: long around 2040
Short order: short around 2065
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
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The market is looking for direction in the 2066~2069 range. Can it rise again to reach 2080~2088?
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As I shared in the morning, gold is looking for direction, in the 2065~2069 range, waiting for the afternoon of NY time
Trade active:
As I shared in the morning, buy above 2069 and sell below 2065. Both suggestions are absolutely correct. Have you followed my signals?
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Trade closed: target reached

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