XAUUSD: 30/4 Today’s Market Analysis and Strategy

Gold technical analysis
The resistance level of the four-hour chart is 3330, and the support level is 3260.
The resistance level of the one-hour chart is 3307, and the support level is 3275.
The resistance level of the 30-minute chart is 3300, and the support level is 3280.

The 4H cycle is a horizontal box operation. This week is a data week. The gold price is greatly affected by the news. Wait for the NFP data on Friday to break the box operation. Due to the recent market fluctuations, the entry position is very critical. For the time being, focus on the previous support of 3300 today. If the US market stands at 3300, it can be bullish to the 3320~3330 area. On the contrary, if it falls below the 4H and daily support of 3260 US dollars, it may touch the monthly support level of 3230~3200.

There are many news about the US market data today. Wait for the data to be released before trading! Avoid losses caused by increased liquidity during the news release.

Trading strategy:
Buy: 3265 SL:3260

Buy: 3300 SL:3295

Sell: 3330 SL:3335

Sell: 3260 SL:3265

Only provide trading direction, specific entry price, SL/TP need to wait for real-time liquidity confirmation