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XAUUSD: 3/6 Analysis and Strategy

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Gold technical analysis
Daily resistance 2370, support below 2330-2300
Four-hour resistance 2343, support below 2330-2300.

✅Gold operation suggestions: Last Friday, the overall gold price rose first and then fell, and then fell back and fluctuated downward. The overall price showed a strong suppression pattern above 2350. The overall technical indicators in the short cycle showed a short arrangement and divergence downward. At present, a new resistance suppression area has formed above 2360. In the short term, the gold price is expected to fall further. From the current trend, today's upper resistance focuses on the top and bottom conversion position of the hourly line last Thursday, 2341-43. Strong resistance and suppression focus on the 2350 mark. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target continues to focus on breaking the bottom. The short-term long and short strength watershed focuses on the 2360 mark. Before the daily level breaks through and stands firm at this position, the shorts are still strong.

SELL:2360 near SL:2373
SELL:2350 near SL:2354
SELL:2330 near SL:2333

Technical analysis only provides trading direction!
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