XAUUSD: 3/12 Market Analysis and Strategy
Gold technical analysis
Daily resistance 2700, support below 2580
Four-hour resistance 2652, support below 2623
Gold operation suggestions:
From the current market trend, yesterday it was blocked by 2652 and fell back, with the lowest point reaching 2633. Today it fell to 2634, holding the support point to stop the decline and rebound. It has now come to 2650, approaching the 2652 suppression level again. If it holds 2652 and participates in short selling, it will accelerate upward to 2660-66 area if it breaks 2652. At that time, it will need to step back and do more, and then pay attention to the 2666 suppression level to be bearish. The overall situation is a tug-of-war market. Pay attention to the stabilization of the 2633 support point.
European and American gold operation ideas: Gold 2651near short; pay attention to whether 2634 can get support, you can be bullish; if it breaks 2652, it will step back near 2646 and continue to do more, with the target above 2660, and it can be sold if it touches 2664near. Today's market is complicated
SELL:2664near
BUY:2634near
BUY:2623near
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 2700, support below 2580
Four-hour resistance 2652, support below 2623
Gold operation suggestions:
From the current market trend, yesterday it was blocked by 2652 and fell back, with the lowest point reaching 2633. Today it fell to 2634, holding the support point to stop the decline and rebound. It has now come to 2650, approaching the 2652 suppression level again. If it holds 2652 and participates in short selling, it will accelerate upward to 2660-66 area if it breaks 2652. At that time, it will need to step back and do more, and then pay attention to the 2666 suppression level to be bearish. The overall situation is a tug-of-war market. Pay attention to the stabilization of the 2633 support point.
European and American gold operation ideas: Gold 2651near short; pay attention to whether 2634 can get support, you can be bullish; if it breaks 2652, it will step back near 2646 and continue to do more, with the target above 2660, and it can be sold if it touches 2664near. Today's market is complicated
SELL:2664near
BUY:2634near
BUY:2623near
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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✅Technical Support
✅profit cooperation
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