GOLD-waiting direction
Updated
The market is paying attention to two points this week. The first is around international conflicts and the geopolitical situation to see whether gold has increased risk aversion. Second, as the Federal Reserve interest rate decision is approaching in March, attention will be paid to whether the Federal Reserve will cut interest rates as expected.
There is no important data impact this week, but under the current international environment, gold risk aversion is still relatively high, but the trend is currently downward, so we look at it in a wide range
Strategy 1:
Xauusd:buy2020-2015
TP:2025-2030
Strategy 2:
Xauusdbuy2011-2007
TP:2016-2020
Strategy 3:
Xauusd:sell2042-2046
TP:2036-2032
Strategy 4:
Xauusd:sell2054-2057
TP:2050-2047
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Strategy 1:TP:2025
Trade closed: target reached
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