XAUUSD: 12/4 strategy. Beware of extreme market conditions Fri
902
Gold technical analysis Daily resistance 2400-2450, support below 2342 Four-hour resistance 2400-2420, support below 2383
Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls and once again hit a record high. The short-term gold price still continues to be extremely unilateral by bulls. trend.
Judging from the current trend, today’s lower support focuses on the 2342 and 2383 levels, the upper pressure is 2400 and the 2410-20 area, and the short-term long and short dividing line is 2383
BUY: 2382~2086 BUY: 2372~2377
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The most active gold futures contract on COMEX saw 3,219 lots traded within one minute, with a total contract value of US$782 million. Gold waterfall fell by $20
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Wish us good luck in the new week
Catatan
XAUUSD BUY:2355 near ❌SL:2350 TP1:2360 TP2:2363 TP3:2367
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