MT4 Technical Analysis (Gold XAUUSD):
Using MT4 observation, today's gold (August 29) early in the morning at 1539.7 US dollars / ounce, from the technical analysis, the 4-hour level observation trend began to shrink, forming a short-term flag-type trend, must pay attention to break or break Therefore, according to the opening of Brin, there is a chance to make an upward breakthrough.
At present, the pressure range above the short-term line is located at 1553~1553.5 US dollars/ounce. In the downward direction, the initial support range is 1533~1533.5 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 1539 US dollars. To the 1542.5 US dollars/ounce range of light warehouse buy, use the MT4 stop loss point can be set to 1537.5 US dollars/ounce below.
Using MT4 observation, today's gold (August 29) early in the morning at 1539.7 US dollars / ounce, from the technical analysis, the 4-hour level observation trend began to shrink, forming a short-term flag-type trend, must pay attention to break or break Therefore, according to the opening of Brin, there is a chance to make an upward breakthrough.
At present, the pressure range above the short-term line is located at 1553~1553.5 US dollars/ounce. In the downward direction, the initial support range is 1533~1533.5 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 1539 US dollars. To the 1542.5 US dollars/ounce range of light warehouse buy, use the MT4 stop loss point can be set to 1537.5 US dollars/ounce below.
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