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XAUUSD: 1/7 Analysis and Strategy

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Gold technical analysis
Daily resistance 2340-70, support below 2277
Four-hour resistance 2340, support below 2315-2277

Gold operation suggestions:
From the analysis of the 4-hour line, today's support below is around 2315, and the upper short-term pressure is around 2335-40. First, sell high and buy low in this range. In the short term, the gold price is likely to continue to fluctuate widely.

SELL:2340near SL:2343

BUY:2315near SL:2312
Technical analysis only provides trading direction!

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Welcome to check my work

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Make profit by going long

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2332now

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Huge profit today

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Share my plan now
Buy zone: 2326~2321
Use safe small size.
stop loss 2315 target 2335-45

Trading guidance may change the strategic direction and thinking at any time. Click on my avatar and profile to see more analysis and signals

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End of long position, start short position

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The lowest point is 2323. Then it quickly swallows up the decline. 30M/15M forms an IB rising pattern. The decline may have stopped. Today's lowest point will become support

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Note that the market will close early due to the US Independence Day holiday.

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