Pay attention to 3655,there will be callback if it doesn't break
#XAUUSD 
XAUUSD
Gold tested the support level of 3630-3620 and stabilized before rebounding again, which is consistent with my previous judgment that gold must experience a correction if it wants to rise again.📉
In the short term, the market focus is still on the basis points of the Federal Reserve's interest rate cut to be announced next week. 💻Therefore, before clear data is released, the market is unlikely to experience significant fluctuations.📊
Although gold is currently fluctuating sideways around 3645,⚖️ in the short term, we should pay attention to the hourly moving average, which tends to stick together and move upward. 🌈Therefore, if gold falls back again in the short term to test the support level of 3630-3620 below, we can still consider going long. 🚀
On the upside, the first thing to watch is whether gold can effectively break through 3655. If it can effectively break through, it is expected to continue to test the short-term resistance range of 3665-3680. 📈Conversely, a failure to break above 3655 could lead to consolidation within a range.🐻
XAUUSD Gold tested the support level of 3630-3620 and stabilized before rebounding again, which is consistent with my previous judgment that gold must experience a correction if it wants to rise again.📉
In the short term, the market focus is still on the basis points of the Federal Reserve's interest rate cut to be announced next week. 💻Therefore, before clear data is released, the market is unlikely to experience significant fluctuations.📊
Although gold is currently fluctuating sideways around 3645,⚖️ in the short term, we should pay attention to the hourly moving average, which tends to stick together and move upward. 🌈Therefore, if gold falls back again in the short term to test the support level of 3630-3620 below, we can still consider going long. 🚀
On the upside, the first thing to watch is whether gold can effectively break through 3655. If it can effectively break through, it is expected to continue to test the short-term resistance range of 3665-3680. 📈Conversely, a failure to break above 3655 could lead to consolidation within a range.🐻
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Guidance from famous teachers:t.me/Insight_PreciseAnalysis
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🌈CFA® Charterholder | Senior Market Trading Analyst | Helping millions of users double their account funds🌈
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
Free communication group:t.me/Insight_Precise_Analysis
Guidance from famous teachers:t.me/Insight_PreciseAnalysis
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.