XAUUSD:11/1 Today Analysis and Trading Strategy
Gold technical chart daily pressure 2040-2053, lower support 2000
Four-hour pressure 2040, lower support 2020-2016
One-hour pressure is 2031, support below is 2016
Operational suggestions: From the daily analysis, we continue to focus on the recent 2040 first-line short-term suppression at the top, and the 2015-20 first-line support at the bottom. The short-cycle gold price has entered a weak and volatile consolidation trend. Before the market is stimulated by big news, Continue to maintain the suppressed bearish pattern unchanged
SELL:near 2053
SELL:near 2040
SELL:near 2032
BUY:near 2055
Four-hour pressure 2040, lower support 2020-2016
One-hour pressure is 2031, support below is 2016
Operational suggestions: From the daily analysis, we continue to focus on the recent 2040 first-line short-term suppression at the top, and the 2015-20 first-line support at the bottom. The short-cycle gold price has entered a weak and volatile consolidation trend. Before the market is stimulated by big news, Continue to maintain the suppressed bearish pattern unchanged
SELL:near 2053
SELL:near 2040
SELL:near 2032
BUY:near 2055
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Due to Martin Luther King Day, the US market will be closed for one day.
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