Continue to buy gold

Updated
As I mentioned in my last article, gold will continue to rise. We went long on gold near 2662 in the last transaction and closed the transaction by hitting TP: 2676 for profit, easily earning 140 Pips, a very successful transaction!

At present, gold has risen to a maximum of around 2679, breaking yesterday's high in one fell swoop. The hourly level M top suppression has been ineffective, and the rising pattern remains intact. At present, gold still has the momentum and space to continue rising, so gold may still rise or even try to touch around 2690. , then we can just follow the trend and go long gold in trading.

Of course, we can't chase gold directly, but because gold has a small retracement space during the rise, we can't expect too much retracement before going long on gold, and the short-term support area has moved up to the 2670-2660 area, so we can go long on gold based on this support area.

Bros, do you continue to be bullish on gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Trade active
Bros, have you followed me to continue buying gold? If you follow my trading strategy, take the 2670-2660 area as support, and buy gold around 2672, then congratulations, you have made a good profit again now. If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Order cancelled
Bros, gold just fell and only touched 2672, not even 2671. So unfortunately, gold did not reach our buying zone, causing us to miss this long trade. Currently, gold has risen to around 2690. It is not easy to chase gold directly here. There is resistance near 2695 above, so here, I have tried to short gold. Wish me good luck!
Candlestick AnalysisDouble Top or Bottomgoldintradaygoldinvestinggoldman_analysisgoldmarketSupport and Resistancexauusdanalysisxauusdbuysignalxauusdideasxauusdsignalsxauusdtradeidea

Simplify complex trading ideas and execution capabilities to maintain steady profits! Telegram group: t.me/+W1fIMsgP19dlZjBk
Also on:

Related publications

Disclaimer