KENJICHEN

0417-XAUUSD Analysis

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar

XAUUSD
Gold breakout and present downward direction to market finally yesterday, thus we should continue doing short position.

In today's trading, better short at reversal horizon or around at 1280, and target 1275~1272 for short-term.

Support: 1275 / 1272
Resistance: 1280 / 1282
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.