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XAUUSD: 8/7 Today’s Analysis and Strategy

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Gold technical analysis
Daily resistance 2400-50, support below 2370-50
Four-hour resistance 2400, support below 2370-61

Gold operation suggestions:
From the current trend of gold, today's support below continues to focus on the neckline of the hourly line last Friday, near 2374-76. Intraday retracement relies on this position to continue to be bullish. The short-term bullish watershed focuses on the 2370 mark, which will start a downward trend after breaking it. The daily level stabilizes above this position and continues to buy at a low price.

BUY:2370near SL:2367
BUY:2361near SL:2358

Technical analysis only provides trading direction!

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40pips profit for you. Have you followed the free signal?

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Today is a great profit. Profit is over 100pips

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Today the market ran as planned and found support at 2370. Click on my avatar and profile to see more analysis and signals

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Gold is sold in zone 2367~2372, SL: 2378 TP: 2355-2352
Click on my avatar and profile to see more analysis and signals

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Short position held

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Already running 40pps

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✅+90pips. The signal has been manually closed

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Pay attention to today's news, the market may move quickly during the speech. Loss of technical support. Try to avoid news release times

ActuaryJ

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XAUUSD: 4/7 Today’s Analysis and Strategy

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