XAUUSD: 18/11 Today's Market Analysis and Strategy

Gold technical analysis
Daily resistance 2627, support below 2500
Four-hour resistance 2627, support below 2581

Gold operation suggestions: Gold rose directly after opening yesterday, with an increase of more than 60 US dollars. In the short term, bulls still have the possibility of upward energy. The upper pressure port is maintained near 2640. At present, it is still necessary to test the strength of the European session, which is also directly related to the long and short direction of the US session. The support below is also maintained near the starting point of the Asian session 2610-2606. At present, the bulls are relatively strong

From the current 4-hour gold trend, the upper pressure focuses on the 2627 line, and the lower focus is on the 2606-2610 line support. In terms of operation, we first conduct long and short games in the range. If it stands firm at 2627 today, we can further look to 2650-2700 and wait patiently for the key points to enter the market.

BUY:2618near SL:2613
BUY:2608near SL:2603

The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Fundamental AnalysisGoldgoldlongTrend AnalysisWave AnalysisXAUUSDxauusdanalysis

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