XAUUSD: 26/12 Today’s Analysis and Strategy

Gold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure 2066-2072, support below 2055

✅Suggestion: Gold rises again at the opening today. Today, focus on the support of 2055 below and the resistance of 2066 above. If gold does not break through the range, it will enter a small range consolidation.

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Fall first and then rise, start to make profits

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I mentioned in my analysis this morning that if it cannot fall below the 2055 support, gold will still fluctuate in a small range. Now it has started to rise after a false breakthrough. If the entity in the 1H chart cannot fall below 2055, then the trend of range oscillation will continue.

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Just like the upper resistance 2066~2072 I shared in the morning, if the lower 2055 does not break through, it will still be range-bound.

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