XAUUSD: 1915 supports long, 1937 short
Updated
The first plan: BUY1915~1910
Second plan: SELL1937
What happened over the weekend in Russia's domestic affairs is over and the impact on gold has passed.
We can see that it opened higher today, but the range is not very large. From the perspective of space, the upward rebound is not strong enough. But speaking of technical aspects, there are indeed many bullish signals in four hours, but the strength is not enough, but the market is bullish. Heavy volume, but the gold price has not made a new breakthrough. Instead, it has chosen to fluctuate downward and fluctuate back and forth. It is inappropriate for me to go long above 1920, and it is naturally inappropriate to chase short.
1920 will become the point of long-short competition, and we will follow the trend to enter after one side wins.
The best solution for us is to wait for it to fall back around 1915-1910 and do long, and set 6-7U SL according to our own different price points.
The upper pressure level is at 1937, if you are given the opportunity, you can directly go short.
Second plan: SELL1937
What happened over the weekend in Russia's domestic affairs is over and the impact on gold has passed.
We can see that it opened higher today, but the range is not very large. From the perspective of space, the upward rebound is not strong enough. But speaking of technical aspects, there are indeed many bullish signals in four hours, but the strength is not enough, but the market is bullish. Heavy volume, but the gold price has not made a new breakthrough. Instead, it has chosen to fluctuate downward and fluctuate back and forth. It is inappropriate for me to go long above 1920, and it is naturally inappropriate to chase short.
1920 will become the point of long-short competition, and we will follow the trend to enter after one side wins.
The best solution for us is to wait for it to fall back around 1915-1910 and do long, and set 6-7U SL according to our own different price points.
The upper pressure level is at 1937, if you are given the opportunity, you can directly go short.
Note
There are now buy points 1930Trade active
Arrive at 1935~1937 and then make a supplementary order to shortTrade active
gave us a chanceTrade active
holding positionsTrade active
Make a profit of 7 US dollars, lighten up or TPTrade active
Close orders with profit Trade active
U.S. June Dallas Fed business activity index bullish for goldTrade active
continue to followNote
Bottom retracement, shocksTrade active
ECB Governing Council Simkus: At least one more rate hike is needed.Trade active
When faced with support that cannot be broken through, we can choose to close and leave the market. Don’t leave the risk to tomorrow’s Asian market. After all, we still need to sleepTrade active
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