Gold technical analysis Daily resistance 2500, support below 2400 Four-hour resistance 2500, support below 2466-40
Gold operation suggestions: Yesterday, gold technically relied on the support of 2420 and accelerated to break through the previous high of 2450. The overall technical aspect continued the extremely strong unilateral upward trend of the bulls.
From the 4-hour analysis, today's lower support continues to focus on the hourly top and bottom conversion position of 2450. The intraday retracement relies on this position to continue to be bullish. The upper target still focuses on the historical high. The short-term gold price bullish strong dividing line moves up to 2420-24. The daily level stabilizes above this position and continues to maintain the same low-multiple rhythm. Before a clear suppression pattern appears, short orders should be cautious.
BUY:2466near SL:2461 BUY:2440near SL:2435
Technical analysis only provides trading direction!
Trade ativo
When the signal is profitable, we can use trailing stop loss, or move SL to the entry point when the profit exceeds 40pips. Don't wait for the trend to reverse! Click on my avatar and profile to see more analysis and signals
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.