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!