The latest trading strategy for gold next week

210
Last week, gold continued to surge, closing with a large positive weekly candlestick and reaching a new all - time high. In the short term, the price remains strong. Recently, the tariff - related friction has not shown any further obvious escalation, and the market is waiting for new developments and catalysts. In addition, although the Trump administration has been constantly pressuring the Federal Reserve, Powell still maintains a relatively hawkish stance, insisting on waiting for more definitive data before considering adjusting the monetary policy. After digesting the Fed' s statement, the market has no choice but to wait and see. Coupled with the fact that it is 适逢 an American holiday, some long - positions in precious metals have taken profits and left the market. Although there was a decline on Thursday due to profit - taking, gold rebounded quickly and the upward trend remains strong. Going forward, it is advisable to continue the strategy of buying on dips in line with the trend.

buy@3310-3312
sl:3302
tp:3330-3340

The accuracy rate of our daily signals has remained above 98% within a month! 📈 We sincerely welcome you to join our channel and share in the success with us!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.