Yesterday, I gave you the trading strategy of doing long gold, and it has successfully touched our profit target 1902 line. Congratulations here to friends who followed yesterday's trading strategy.
At present, the highest gold has rebounded above 1904, and the energy of bulls has begun to counterattack. As long as gold stabilizes above 1900 within a day, the gold rebound is not over yet. Judging from the current gold structure trend, gold should continue to rebound upwards, even it may take a rebound to the 1925-1930 area to have room to fall again. However, for the short-term within the day, the high point of the gold rebound may only appear in the 1905-1910 area. So for short-term traders, first focus on the resistance of 1908-1910 at the top, and the support of 1898-1896 at the bottom.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
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If the U.S. dollar cannot continue to break through the key resistance, then the U.S. dollar is likely to fall back, which will continue to support the rise of gold
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Xauusd:@1896-1864 Buy, TP:1902
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Xauusd: @1890-1888 area increase position and do long gold
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At present, all our long gold trading strategies are profitable
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