XAUUSD: 20/11 Today’s Market Analysis and Strategy

20 Kas 2024

Gold technical analysis
Daily resistance is 2640, support below is 2564
Four-hour resistance is 2640, support below is 2507

Gold operation suggestions: Gold prices generally showed an upward trend on Tuesday. Today, they shot up to around 2640 and were blocked. Judging from the current 4-hour gold trend, focus on 2638-42 for short-term suppression at the top, 2650 for important suppression at the top, 2606-2610 first-line support, patiently wait for key points to enter the market. Wait patiently for key points to enter the market.

SELL: 2635near
BUY: 2608near

The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.

20 Kas 2024

İşlem aktif

Update the error 2507 above
Gold technical analysis
Daily resistance is 2640, support below is 2564
Four-hour resistance is 2640, support below is 2607

20 Kas 2024

İşlem elle kapatılmış

I can only say that the news brought by the market has a relatively large impact on the trend of gold.

Gold should have fallen sharply today (there is no bullish technical signal), but the news about the war between Russia and Ukraine continues to stimulate the market, making it difficult to fall. At present, we still pay attention to the resistance of 2650. If it breaks through effectively, gold will continue to rise.