XAUUSD:22/10 Today's Market Analysis and Strategy
Gold technical analysis
Daily resistance 2750, support below 2673
Four-hour resistance 2750, support below 2720
Gold operation suggestions: After yesterday's strong upward shock and high break in the Asian and European sessions, the US session was under pressure at the 2740 mark and ushered in a suppression and decline. The overall price showed a suppression adjustment pattern at the 2740 mark, but the short-term gold price technical indicators did not show any signs of turning, and the short-term and medium-term moving averages were still arranged in a bullish pattern and diverged upward.
From the current market trend, today's attention is paid to the 2720 first-line support below, and the attention is still paid to breaking the new high above. Gold is still in a bullish arrangement, the daily line has also formed a bullish arrangement, and the moving average system is also relatively perfect. Today we choose to go long directly, and go long near 2720 below. The overall idea has always been to focus on the retracement and the daily level 2673 bull-short watershed, and wait patiently for the key points to enter the market.
BUY:2720near SL:2715
BUY:2700near SL:2695
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Daily resistance 2750, support below 2673
Four-hour resistance 2750, support below 2720
Gold operation suggestions: After yesterday's strong upward shock and high break in the Asian and European sessions, the US session was under pressure at the 2740 mark and ushered in a suppression and decline. The overall price showed a suppression adjustment pattern at the 2740 mark, but the short-term gold price technical indicators did not show any signs of turning, and the short-term and medium-term moving averages were still arranged in a bullish pattern and diverged upward.
From the current market trend, today's attention is paid to the 2720 first-line support below, and the attention is still paid to breaking the new high above. Gold is still in a bullish arrangement, the daily line has also formed a bullish arrangement, and the moving average system is also relatively perfect. Today we choose to go long directly, and go long near 2720 below. The overall idea has always been to focus on the retracement and the daily level 2673 bull-short watershed, and wait patiently for the key points to enter the market.
BUY:2720near SL:2715
BUY:2700near SL:2695
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
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