CFDs on Gold (US$ / OZ)
Long
Updated

Gold reaches the long position as expected

155
◆Short order◆
Aggressive 30 short, with 7 points loss, short at 40-46-52 after loss, stop loss: 7 points each, or unified stop loss 57. Target: 2898-82 break and continue to reduce holdings;
◆Long order◆ [Note for long orders, the US market will fall again, conservative ones will wait and see with aggressive positions]
Long orders have been entered in the late European session, and positions have been reduced and covered. There is a probability that it will fall again in the future, and we are ready for other strategies;
Aggressive 78 long, 72-66 long, stop loss: 7 points each, or unified stop loss 60. Target: 90-98;
[Stop loss is determined according to your actual tolerance, and you will be covered in time after making a profit. After being covered, enter the next position]

Pattern analysis: long orders have been entered, and positions are now reduced with insurance. The US market is likely to fall further, so continue to buy;
Intraday strategy ideas: Both short orders made a lot of money, and the lowest price of long orders after several attempts was 81. There is a probability that it will fall again when entering the US market. Be cautious with long orders, and there will definitely be a 100-meter dive in the near future;
Trade active
Gold is currently at the best entry point. Buy directly at 2900-05, with a target price of 2950. You can get the accurate trading strategy in my link.

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