XAUUSD: Market analysis and strategy for today 22/11

Gold technical analysis
Daily resistance 2750, support 2650
Four-hour resistance 2750, support 2650

Gold operation suggestions: Gold started to rise at the opening of the Asian session today. As of now, gold has reached the highest level of 27000. As the situation in Russia and Ukraine ferments, there is still momentum for rising. Today's idea is still to buy more after stepping back. The 2685 line of pressure is also easily broken, and there is no sign of weakness in the bulls. The recent rise in gold is directly related to the escalation of the situation in Russia and Ukraine. Today is Friday, and we also need to prevent the black swan waterfall from falling in the European and American sessions, so any order needs to be strictly loss-making, and risk control is the first priority.

From the current 4-hour gold trend, the upper important pressure is the 2750 line, the lower short-term support is the 2670 line, and the lower support is the 2650 line. In terms of operation, we use the step-back buying operation. The aggressive strategy is to buy directly and wait patiently for the key points to enter the market.

BUY:2672near
BUY:2685near

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

交易進行

Resistance and support update
30-minute resistance 2710, support zone 2693~2698

1H resistance 2710, support zone 2682~2685

NY market strategy is still bullish, long according to support

手動結束交易

Gold quickly fell below the 30-minute support and rebounded quickly in the 1H support range of 2682~2685. You can stop profit if you follow the signal and make a profit of 100pips. See you next week