Market analysis, waiting for a breakthrough

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After falling from 2790 to 2536, gold has been running in a contracting triangle pattern with gradually falling highs and gradually rising lows. After nearly two months of consolidation, the current market has reached the end of the triangle. No matter which direction the market breaks in the future, there will be a good unilateral market. Please pay attention to whether the non-agricultural data on Friday and the CPI inflation data next week will form a breakthrough opportunity.

Although gold broke through the new high yesterday, it still did not stand firm but fell back and broke the high again. Then the high point did not turn into support and still formed suppression. Gold is expected to form a triple top structure in 1 hour. Gold fell under pressure at 2670 yesterday, waiting for 2670 to continue selling at highs!

First support: 2651, second support: 2642, third support: 2626

First resistance: 2669, second resistance: 2676, third resistance: 2685

Operation ideas

BUY: 2646-2648, SL: 2637, TP: 2670-2680;

SL: 2668-2670, SL: 2679, TP: 2650-2640;

交易進行

XAUUSD
BUY: 2657near
SL:2650
TP:2668

手動結束交易

Who followed my free signal? Now the profit is more than 70pips

註釋

xauusd
BUY: 2665 near
SL:2657
TP:2675

註釋

Free signal is profitable again, hope you follow it too

註釋

xauusd
BUY: 2672near
SL:2663
TP:2685

註釋

I started buying from 2657 today and shared three buy signals, BUY:2657/2665/2672. Did you follow them? Are those who sold still doing well?

Jun-GoldAnalyst

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