XAUUSD: 19/7 Gold Trading Strategy
Updated
Gold analysis; The layout of gold 1951 long orders on Tuesday did not give a position to enter the market, and it oscillated back and forth around 1960. Under the support of the data in the afternoon, starting from 1960, it rose all the way to the 1984 line, and then fell back in shock.
Although the current rising pattern has not been extended in the first place, the occurrence of such an abnormal trend of rising and falling has clearly shown that the current market is in a very unstable state. After gold broke through 1964, the short-term short-term will continue this round of gains and continue to attack the upper high point of 1985. Today's adjustment in the Asian market is not very ideal. This is great news for gold bulls. Therefore, the layout of gold will also be based on bullishness. The only problem is that the bottom position has not been established, which makes us add some risk index while being bullish. Although small, it must be taken seriously. At present, we only need to wait for the bottom position to be established, and we can be bullish on gold without any worries.
Back to the topic, gold broke through the 1964 line yesterday and rose to the 1984 line. The uptrend undoubtedly crushed the bears across the board. However, the bottom position has not been established, and it is easy to be trapped if you do long in this time period. So today's gold operation strategy:
SELL: 1983-1986
TP1: 1978
TP2: 1973
BUY: 1971-1968
TP1: 1976
TP2: 1981
(The real-time trading strategy is subject to the latest signal)
Although the current rising pattern has not been extended in the first place, the occurrence of such an abnormal trend of rising and falling has clearly shown that the current market is in a very unstable state. After gold broke through 1964, the short-term short-term will continue this round of gains and continue to attack the upper high point of 1985. Today's adjustment in the Asian market is not very ideal. This is great news for gold bulls. Therefore, the layout of gold will also be based on bullishness. The only problem is that the bottom position has not been established, which makes us add some risk index while being bullish. Although small, it must be taken seriously. At present, we only need to wait for the bottom position to be established, and we can be bullish on gold without any worries.
Back to the topic, gold broke through the 1964 line yesterday and rose to the 1984 line. The uptrend undoubtedly crushed the bears across the board. However, the bottom position has not been established, and it is easy to be trapped if you do long in this time period. So today's gold operation strategy:
SELL: 1983-1986
TP1: 1978
TP2: 1973
BUY: 1971-1968
TP1: 1976
TP2: 1981
(The real-time trading strategy is subject to the latest signal)
Trade active
It was not given to 1973, but I opened long positions in batches in 1974/1975, and continued to make profitsTrade active
Now is not the time for TP, I will hold until around 1985, or hopefully until 1990Trade active
Growth is the gap between your subjective world and the objective world. If you fall into it, it is called frustration, and if you climb out, it is called growth. Are you still trading randomly? And I will guide you to grow rapidly on the road of trading!Trade active
Falling to around 1971, successful long, target 1978/1983Trade active
Profit +60pips, reduce positionTrade active
TP left the market, today's long strategy, doing long in batches in 1972/1975, successful profitTrade active
Trade active
Trade active
Close the cross star in 30 minutes, it is a good time to short around 1985Note
BUY1967.5 SL1960 TP1975Note
Now is 1971 hold on!
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