XAUUSD: Go long at current price 1906, target 1920
Updated
Yesterday, I went long first and then shorted. The BUY1906 and SELL1912 provided by gold all arrived near TP to close the order. Next, before the gold entity falls below 1900, the gold will be long and then short!
Gold once again recorded the bardo line on the daily line yesterday and closed at the 1907 line. The entity broke the previous low of 1920 line and the lower track of the 1913 Bollinger Band. Now the bottom support has transformed into top pressure.
In the short term, gold is currently seriously oversold. Today there is a demand for rebound and repair indicators. In addition, gold is close to the 1900 integer mark. Don’t blindly chase short here. In addition, the US dollar has risen to a weekly level of pressure. Pull back at any time, and gold and other entities will break the position The 1900 mark is considering chasing short.
Gold once again recorded the bardo line on the daily line yesterday and closed at the 1907 line. The entity broke the previous low of 1920 line and the lower track of the 1913 Bollinger Band. Now the bottom support has transformed into top pressure.
In the short term, gold is currently seriously oversold. Today there is a demand for rebound and repair indicators. In addition, gold is close to the 1900 integer mark. Don’t blindly chase short here. In addition, the US dollar has risen to a weekly level of pressure. Pull back at any time, and gold and other entities will break the position The 1900 mark is considering chasing short.
Trade active
What do you think about the trend. I hope to see your messagesTrade active
I have closed the order first, looking for the next opportunity to open a position Trade active
The bears continue to be strong, and the pressure on the bulls is at 1912Note
In the short-term today, we can continue the oscillating operation, mainly to do long at low prices, supplemented by short at high positions, enter long orders around 1900/03, defend 1897, target 1913/15 above, and see if we can break through the resistance level. If it does not break 13/15, you can also change your strategy in the short term to go short. Trade active
I have opened a position on BUY1903Trade active
1905.7now,I hope you always believe in my prediction, and I hope it will come to 1908~1909 soonTrade active
Note
Reached our target TP1913Trade active
At present, the candle chart has obviously completed the reversal signal, and the support has moved up from 1893 to 1900 and then to around 1908. With the layout of the main funds to build positions, it is normal to form such a rebound, and it is expected to break through the new high of 1927/1937 in the future. The specific operation further noticeTrade active
1916 in positionTrade active
1920nowTrade active
We have made a lot of money yesterday, and today the U.S. market will be closed early, so there will not be many trading opportunities. Note that 1920 is the point of long-short competition. Yesterday’s highest point is around 1930, and the lowest point is around 1910. Today, you can go short at high levels and long at low levels to make profits. Hope today we can also make the profit we wantTrade active
1921 bought 1924 nowNote
TP1926Trade active
Trade active
Gold has reached a short-term high, and the resistance at 1930 still exists. In addition, the U.S. market is closed early, and the momentum of the market outlook continues to decrease. It is difficult to reach the previous support around 1937
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