XAUUSD: Today’s Analysis and Strategy
Gold technical analysis
The resistance above the daily level is 2250 and the support below is 2145.
The resistance above the four-hour level is 2208 and the support below is 2177-50.
Gold operation suggestions:
The gold European market surged higher and reached the 2200 mark and fell back under pressure. From the 4H chart, wave A has completed to 2157, and now it is a wave B rebound starting from 2157. In the follow-up, wave C starts from 2200 and falls. The first target is the previous low of 2157. , the second target daily support is 2145.
SELL:near 2200
SELL:near 2186
BUY:near 2145
BUY:2157nearby
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