XAUUSD: Analysis and Strategy for Today 19/9

Güncellendi
Gold technical analysis
Daily resistance 2600, support below 2500
Four-hour resistance 2600, support below 2566-2530

Gold operation suggestions: Yesterday, the Federal Reserve unexpectedly cut interest rates by 50 basis points and ushered in a high-level breakthrough of the 2600 mark, which was suppressed and fell back, and then fell and bottomed out. The overall price was blocked at the 2600 mark. Today, the decline was recovered but it did not break through 2600. Gold has generated periodic pressure above, and it may also form a large correction.

From the current trend of gold, the upper pressure of the daily four-hour level is at the 2600 integer mark, and the lower support of the daily line is 2500, near 2530 for four hours, and near 2566 for the hourly level. Today, the NY market operation strategy is to buy on dips, and observe whether 2600 can stand firm above.

BUY:2566near SL:2561
BUY:2530near SL:2526

The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
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Gold started to rebound from 2570 to 2578. If it goes to near 2566, the support may fail. Below, focus on the support position near 2559. You can go long when you reach the support position.
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Today is Quadruple Witching Day, the third Friday of March, June, September and December in the US market, on which all financial commodity assets are due for delivery. The market is bound to fluctuate wildly. As much as it goes up, the probability will go down. Hold on
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SELL now target 2614~2611 Click on my avatar and profile to see more analysis and signals
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XAUUSD
BUY : 2619-2621
SL:2615
TP:2631-2636
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