Today's gold
May Chen
XAUUSD·
Jul 30 2024
1
Trading Strategy
Continue with a bearish trading strategy. If the upper resistance level is broken, consider switching to a long position.
Resistance Levels
2395, 2415
Support Levels
2370, 2352
Technical Analysis
The price is continuously suppressed by the trend line and remains below it, showing a weak trend. There is a high probability that the price will test last week's low during the day.
Fundamental Analysis
Europe's GDP data may indirectly affect gold prices and should be closely monitored.