XAUUSD: Today’s Analysis and Strategy

Gold technical analysis
The resistance above the daily level is 2250 and the support below is 2145.
The resistance above the four-hour level is 2208 and the support below is 2177-50.
Gold operation suggestions:
The gold European market surged higher and reached the 2200 mark and fell back under pressure. From the 4H chart, wave A has completed to 2157, and now it is a wave B rebound starting from 2157. In the follow-up, wave C starts from 2200 and falls. The first target is the previous low of 2157. , the second target daily support is 2145.

SELL:near 2200
SELL:near 2186
BUY:near 2145
BUY:2157nearby

Komentar:

Gold and crude oil are in line with expectations

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My analysis is coming to fruition. Gold started to fall in the C wave, the target of 2183 has been completed, and the lower target is 2173/2157/2145💰

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The 2183/2173 promised to everyone has been completed today, and some positions have been closed and BE set. Waiting for the next target 2157

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Yesterday's sale of 2200 reached the target of 2173, and today's sale of 2196 reached the target of 2184. Now gold looks like a contracting triangle, which has reached the end. There are many possibilities for the subsequent market trend, as shown below

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