XAUUSD: 24/7 Gold Trading Strategy
Updated
Gold analysis: The strategy shared by gold last week only entered long orders, but the strength of the rise is worrying, and they all oscillated around 1965. In terms of the overall trend of gold today, it has returned to the previous state of shock, but this week's data week, there is the Fed's interest rate decision. Gold will also take a new direction again, and it will be difficult to operate in this state. Two days before the data comes out, it will definitely return to the previous conventional style of play, mainly selling high and buying low. At present, the upper high is at the 1975 line, and the resistance is at the 1970 position. The lower low is 1893. The support position is at 1950. From a technical point of view, gold definitely needs to fall again to consolidate the lower support point. Only in this way can the follow-up rally be smooth, and we will be safe enough when we are long.
Back to the topic, the current trend of gold is weak for bulls, and short positions are relatively active, but they are only active. We still have to look at the bulls. Today's operation is mainly to sell high and buy low:
SELL: 1967~1971
TP1: 1962
TP2: 1957
BUY: 1955~1952
TP1: 1960
TP2: 1965
Subsequent sending of real-time trading signals
Back to the topic, the current trend of gold is weak for bulls, and short positions are relatively active, but they are only active. We still have to look at the bulls. Today's operation is mainly to sell high and buy low:
SELL: 1967~1971
TP1: 1962
TP2: 1957
BUY: 1955~1952
TP1: 1960
TP2: 1965
Subsequent sending of real-time trading signals
Trade active
Arrived near the target locationNote
SELL 1962 SL1968 TP1955near
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