KENJICHEN

0404-XAUUSD Analysis

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

XAUUSD
It will be a hard situation for gold today, even though gold had support at 1285 and 1287 seems got potentially rise motivation.

However, ECU may be another influence to impact trend of gold.

So, I recommend do long first and be ware of ECU release and resistance can breakout or not.

Support: 1285/ 1287
Resistance: 1290/ 1296
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