XAUUSD: 19/12 Today’s Analysis and Recommendations

Gold technical chart daily pressure 2040-2072, lower support 2000
The four-hour pressure is 2045, and the lower support is 2015-2000.
One-hour pressure is 2034, support below is 2015-2000

✅Operational advice: Gold has come to the form of consolidating and repairing the convergence of small triangles. Do not chase the market in a volatile range. The daily level is long above the 2000 mark, the 4H level is the 2042 long-short dividing line, and below it is the 2015 support and the 2000 support. Be patient. Wait for the breakout of the triangle range and then chase the trend

BUY: Near 2020
BUY: Near 2000
SELL: Near 2042
SELL: Near 2066


You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!

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As mentioned in the morning, as the high point continues to move upward, it is difficult for gold to fall. The resistance is at yesterday’s high of 2033, followed by resistance at 2038/2045. If you have losses, please contact me and I can help you.

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Hit TP1/TP2

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The next takeoff point is in 2045,Gold now hopes to break through the previous high of 2048, but now it is a very dangerous price, because the straight rise will only fall at any time, but do not participate in selling at this time, because now it is more likely to break through 2048

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Komentarz:

2045 has never been able to achieve a real breakthrough

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The suppression point I shared yesterday, 2033, rose by 14$ after the breakthrough. Today's take-off point is 2046~2047. If an effective breakthrough is formed, we will meet at 2051~2059. This is just my prediction and not used as a basis for trading. Follow me to update today’s analysis later.