XAUUSD: 20/5 Today’s Analysis and Strategy
Gold technical analysis
Daily resistance is 2450-2500, support below is 2413-2371
Four-hour resistance is 2450, support below is 2413
Gold operation suggestions:
The strong dividing line for short-term bulls has moved to the 2400 integer mark, and the daily level has stabilized above this position and continues to maintain the trend of low and long bullish rhythm.
Judging from the daily gold trend, the lower support for gold is focused on 2413-2400-2370, and the upper focus is on 2445-2450 for suppression. The bull situation is still strong, and market risk aversion continues to heat up, so we can do long at low levels in operation, and the risk of trading with the trend is low. .
BUY:2415 near SL:2411
BUY:2400 near SL:2397
Technical analysis only provides trading direction!
Daily resistance is 2450-2500, support below is 2413-2371
Four-hour resistance is 2450, support below is 2413
Gold operation suggestions:
The strong dividing line for short-term bulls has moved to the 2400 integer mark, and the daily level has stabilized above this position and continues to maintain the trend of low and long bullish rhythm.
Judging from the daily gold trend, the lower support for gold is focused on 2413-2400-2370, and the upper focus is on 2445-2450 for suppression. The bull situation is still strong, and market risk aversion continues to heat up, so we can do long at low levels in operation, and the risk of trading with the trend is low. .
BUY:2415 near SL:2411
BUY:2400 near SL:2397
Technical analysis only provides trading direction!
Trade active:
BUY2415 SL2411 runs 50pips, congratulations everyone
Trade active:
Gold loses all of today's gains
COMEX's most active gold futures contract traded 3,723 lots instantly within one minute from 8:42 to 8:43 NY time on May 20, with a total contract value of US$898 million.
COMEX's most active gold futures contract traded 3,723 lots instantly within one minute from 8:42 to 8:43 NY time on May 20, with a total contract value of US$898 million.
Trade active:
XAUUSD
BUY: 2426~2428
❌SL:2423
TP1:2431 TP2:2435 TP3:2440
BUY: 2426~2428
❌SL:2423
TP1:2431 TP2:2435 TP3:2440
Trade active:
Trade active
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