#GOLD #XAU/USD# Gol...來自Mr.Yang

#GOLD #XAU/USD# Gold is testing a fairly strong resistance zone: - the 4195 consolidation resistance - the 50-day moving average - the liquidity zone The initial reaction to the 4200 resistance level may take the form of a pullback or a decline However, if the bulls can hold their ground above this level in the medium term, we may have a chance to see a rise toward 4400–4600 …………………………………………. 📈 Gold Trading Strategy #ForexTradingStrategies##technicalanalysis##trading##ForexClub##gold#

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#GOLD XAUUSD rose by about 0.4 percent on Monday to $4,391 per ounce amid a weaker dollar and weak U.S. economic data. The nearest catalysts are the Fed minutes (Wednesday) and data on housing and industrial production. Technically, resistance is at $4,400, followed by $4,440–$4,450; support is at $4,350 and $4,300. A break above could extend the August rally; a pullback would return gold to the range. #XAU/USD##technicalanalysis##GOLDTODAY#

Mr.Yang

#GOLD The market is forming a local long squeeze around the 0.5 Fibonacci level and is gradually moving back toward the resistance zone. Consolidation above 4,629, the upper boundary of the range, confirms the market’s intention to continue higher. A deeper correction may still develop at the open of the European or U.S. session. However, for now, the market looks favorable for further upside. …………………………………………. 📈 Gold Trading Strategy #XAU/USD##technicalanalysis#

Mr.Yang

#GOLD Gold is playing out yesterday’s scenario perfectly. The counter-trend correction and retest of the 4,472 support level ended with a deep long squeeze, while the return back into the range triggered a bullish impulse. At the moment, gold is breaking through local resistance levels and could continue higher toward 4,580–4,600 Result: +850 pips! …………………………………………. 📈 Gold Trading Strategy #GOLDTODAY#

Mr.Yang