Forex - US economic data once again fell below the glory line

  1. 35 Posts.
    forex Technical Analysis (Gold XAUUSD):
    forex analysis today gold (September 4) early in the morning at 1546.8 US dollars/ounce, MT4 technical analysis face cut, 1-hour level observation trend under the influence of US data, the dollar fell gold in one fell swoop, the big structure gradually has the left shoulder bottom right shoulder
    The shape, so there is a chance to rise more and then pull back the correction.At present, the pressure range above the short-term line is located at 1554~1554.5 US dollars/ounce.
    In the downward direction, the initial support range is 1541~1541.5 US dollars/ounce. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the price of 1541 US dollars. To the 1543.5 US dollars/ounce range of light warehouse buy, MT4 set stop loss point can be set to 1539.5 US dollars/ounce below.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.