KENJICHEN

0301-XAUUSD Analysis

FX_IDC:XAUUSD   黄金现货/美元

XAUUSD
Gold volatile up and down intensely yesterday and break new low to 1313.

We must be careful about the momentum and volatility appear again in Friday, so I suggest execute buy limit at 1308~09 to catch the strong support rebounce.

Otherwise, if gold pull up in the Euro time it may have chance to short it for short-term profit, which time is better around at reversal horizon.

Support: 1309

Resistance : 1315 / 1318 / 1320

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