XAUUSD: 30/1 Today’s Analysis and Trading Strategy
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Daily pressure 2040-2053, lower support 2000-1966
Four-hour pressure is 2040, support below is 2020
One-hour pressure is 2040, support below is 2032
Operational suggestions: Although bulls currently have an upward trend, they still encounter resistance after all and have not achieved substantial results. The upper pressure in the short term remains at 2040-43, which is also a key point during the day. The support below will remain at the integer level of 2000. If the daily level is above 2040, the bulls are strong but it does not mean that the bulls will break out. Above the 2053 mark, the market will turn bullish.
SELL:near 2050
SELL:near 2040
SELL:near 2020
BUY:near 2000
Technical analysis only provides trading direction!
Four-hour pressure is 2040, support below is 2020
One-hour pressure is 2040, support below is 2032
Operational suggestions: Although bulls currently have an upward trend, they still encounter resistance after all and have not achieved substantial results. The upper pressure in the short term remains at 2040-43, which is also a key point during the day. The support below will remain at the integer level of 2000. If the daily level is above 2040, the bulls are strong but it does not mean that the bulls will break out. Above the 2053 mark, the market will turn bullish.
SELL:near 2050
SELL:near 2040
SELL:near 2020
BUY:near 2000
Technical analysis only provides trading direction!
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As in my morning analysis, the decline started near 2050, and today’s analysis is all hits
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