ActuaryJ

XAUUSD: 5/2 Today’s Market Analysis and Strategy

ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold technical chart, daily pressure 2053-40, support below 2020-2000
Four-hour pressure 2029, support below 2020
One-hour pressure is 2030, support below is 2012

Operational suggestions: Gold opened weak today, and the willingness to fluctuate in the range in the near future is relatively serious. It is very likely that it will remain in the range. For us, it is better to continue to fluctuate and operate with a bearish approach.
SELL:near 2050
SELL:near 2040
SELL:near 2020
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Trade active:
The market is running slowly, waiting for the NY market to open

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