ActuaryJ

XAUUSD: 11/4 Today’s Analysis and Strategy, Gold Fall

Short
ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold market analysis:
Daily resistance is 2366, support below is 2300-2280
Four hours 2344-37, support below 2300

Gold operation advice: Judging from the current trend, the lower support today will focus on 2320. After falling below, look towards the 2300 area. The upper pressure is 2350 and the 2358-60 area. Continue to rely on this range for sales during the day.

SELL:near 2344
SELL:near 2320
BUY:near 2300
Trade active:
Gold has fluctuated and fallen, and the recent gold signals are 100% correct. We closed all deals before the news was released
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Trade active:
PPI is the highest in a year. The probability of the Federal Reserve cutting interest rates in July slightly increases, and gold rises slightly
Trade active:
Jiesse’s free sharing SELL2344 is always so wonderful. If you check my morning sharing, you have now made a profit of 100pips.
Trade active:
Waterfall fell 140pips. We still have to look for opportunities to sell later.
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Trade active:
Gold directly rose by $70 due to war hedging. We can only continue to go long with the trend. The starting point after the sideways trading below is 2379
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Stimulated by war risk aversion and interest rate cuts, gold hit 2400. Selling gold at this time is gambling.
Wait for the technical form to stabilize and the moving average indicators to return before trading. The correct approach is to go long on dips. Pay attention to the resistance in the two intervals of 2382~2385 and 2374~2377.
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