ActuaryJ

XAUUSD: 26/4 Will gold continue its rally?

Long
ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold technical analysis
Daily resistance is 2361, support below is 2320
Four-hour resistance is 2361-69, square support is 2334-25

Gold operation suggestions:
Judging from the current trend, the short-term support below will focus on 2334-25, the important support will continue to focus on around 2319, and the pressure on the top will focus on the 2361-69 area. During the day, we will rely on this range to maintain high altitudes and low longs. The short-term long-short strength dividing line is 2319. Before the daily level breaks through and stands firm at this position, gold will continue to maintain long-short oscillations.


BUY:2334 near. SL2330 near
BUY:2320 near. SL2317 near

SELL:2361 near. SL2365 near
SELL:2369 near. SL2372 near

Technical analysis only provides trading direction!

Trade active:
Be bullish first, then look for opportunities in the resistance area before selling
Trade active:
Close part of the long position and then move SL to the entry point
Trade active:
BUY again, today is a good start

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