#XAUUSD
Gold technical analysis: #Gold closed with a big negative at the daily level, losing the 5-day moving average, but the 10-day moving average held, and the closing price was still on the 2721-2726 trend line; according to the weekly video interpretation, as long as the trend line and the 10-day moving average are held, the overall trend will still be maintained, and the negative may be just a single negative. Once the positive is closed today, it is expected to continue to close positive and rise strongly tomorrow; therefore, for today, the 10-day moving average of 2730 will continue to be bullish, and when the closing price is back above the 5-day moving average, it will test the historical high, or even above 2800; Gold 4-hour level: Pay attention to the 10-day moving average tonight. Once it breaks through, it will immediately test the middle track 2755, and then break through and stand on the middle track, it will strengthen; Gold hourly level: From the opening to the present, the overall amplitude is not large. The 2745 line has been under pressure many times. It belongs to the overnight decline and the 382 division resistance. If the previous trend is a weak downward trend, the 382 division resistance can naturally continue to be bearish; but it is obvious that the previous trend is mainly upward all the way, and it has broken through 2720 and 2730 with a strong breakthrough. The decline at a high level can only be treated as a short-term correction. Therefore, it is not recommended to follow the bearish trend at 382, ​​and the space is not large; the Asia-Europe session has been hovering between 2745 and 2735 US dollars, and has not continued the overnight suppression and weakening. Pay attention to the 2745 resistance tonight. If it can break through and close above it, it will further attack and rise, pointing to the trend line resistance points in the 2755 and 2760 charts; only if it falls below the overnight low of 2730 can it further fall and adjust. On the whole, Jinyi recommends that the short-term operation strategy for gold today should focus on buying on pullbacks and shorting on rebounds. The short-term focus on the upper side is the 2775-2780 resistance, and the short-term focus on the lower side is the 2740-2745 support.
#XAUUSD #Gold