12.3 Evening Gold XAUUSD Update💙
Good afternoon, I am Liu Erfei
From the hourly level, today’s gold trading range is locked at 4194.65-4228.87, currently in a narrow upward channel, the price is approaching the upper Bollinger band, short-term pressure expectations are gradually increasing, the previous high of 4264.55 constitutes a strong resistance area, it is expected that the market will first slightly retrace to gather strength and then continue the rebound rhythm, with the core idea of operations being to buy on dips, relying on channel support layout for more stability.
Big yellow sees 4208-10 North⬆️, 🎯: around 4226-30, breakthrough look at 32.
The content is practical, keep a close eye on the levels and don’t hesitate. Friends who are unsure, hurry up and pay attention, feel free to ask Sister Feifei anytime.
