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XAUUSD: 19/7 Today's Strategy and Analysis

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Gold technical analysis
Daily resistance 2500, support below 2400
Four-hour resistance 2430, support below 2400

Gold operation suggestions: The overall price of gold is suppressed and adjusted at the 2483 mark, and the daily level has continuously broken down to around 2400. Today's upper resistance continues to focus on the starting point of yesterday's US market decline near 2429. The intraday rebound relies on this position to continue to short and look for a decline. The lower target continues to look at the 2400 first-line support.

SELL: 2430near
SELL: 2420near

Technical analysis only provides trading direction!

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The latest resistance and support areas, the strong downward trend, should continue to fall when reaching the resistance area, if it crosses the resistance area, you need to go long.

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SELL: 2410~2412near
SL:2417
TP1:2405
TP2:2400
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A good start TP1 hit +50pips

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Minimum 2401. +90pips

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XAUUSD
BUY: 2399~2401
SL:2393
TP1:2405
TP2:2410
TP3:2415
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Hit TP1 again

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No economic news was released today, the market volume was bleak, and the resistance and support areas did not change. The trend is biased to the downside. Wait for the NY market to trade again

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The third signal of the day Hit TP

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Latest resistance and support. Click on my avatar and profile to see more analysis and signals

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According to the resistance and support chart I just posted
SELL: 2403~2305
SL:2410.5
TP:2399
TP2:2395
TP3:2390

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+ 40pips ,TP1 hit Welcome to check my work Click on my avatar and profile to see more analysis and signals

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Near TP2, 70pips profit will be given to everyone.

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In the short term, it still depends on the fight for 2400. If it stands firm at 2400, it should rise to 2405~2410.

注释

Already reached 2405

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The above picture shows the latest resistance and support.
Gold has risen to 2405~2410 as I analyzed. It is about to reach the 1-hour resistance area.

4H support is around 2373, and 4H resistance is around 2440