XAUUSD:18/7 Today's Market Analysis and Strategy

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Gold technical analysis
Daily resistance 2500, support below 2400
Four-hour resistance 2500, support below 2452-40

Gold operation suggestions: From the perspective of 4-hour analysis, the support below continues to focus on the hourly top and bottom conversion position 2450-56. The bullish trend remains unchanged when the price falls back to this position. The upper target still focuses on breaking the new high. The short-term gold price bullish strong dividing line moves up to 2420-24. The daily level stabilizes above this position and continues to maintain the same low-multiple rhythm. Before a clear suppression pattern appears, short orders should be cautious.

BUY:2452near SL:2447
BUY:2440near SL:2435

Technical analysis only provides trading direction!
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注释
The most active gold futures contract on COMEX was traded 1,166 times in one minute from 6:08 to 6:09 on July 19, NY time, with a total contract value of US$281 million. A large number of stop-loss orders appeared.
Fundamental AnalysisgoldlonggoldminersgoldpriceTrend AnalysisWave AnalysisXAUUSDxauusdanalysisxauusdsignalxauusdupdates

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