Gold was greatly affected by the positive non-farm payroll data, and it rose strongly, with the increase completely covering all the losses this week. The current gold trend has completely reversed the previous bull-short balance. After breaking through the 3300 level and rising to around 3355, it maintains strong upward momentum, and the possibility of further testing the 3360-3375 area cannot be ruled out. Due to the strong positive data, if everyone fails to chase the long position or set a breakout long position in time in the first wave of the market, the subsequent pullback opportunities may be relatively limited, so it is necessary to maintain an active strategy in operation. It is recommended to continue to be bullish when it retreats to the 3335-3320 area, and the upper target is the 3360-3375 pressure range.
Trade active
Once you enter the market, you must have the courage to fight it. Cowardice will only set us back further; only by moving forward courageously can we achieve what we desire. Trading is a tortuous journey, not a smooth one. I believe many people see the beauty of the outside world, only to wonder why the risks are always so high? It's because they don't see the reality clearly! We can't change market risks, but we can control them. Since entering this market, I have remained true to my original aspirations. Profits can only be achieved by controlling risks, but as long as we can seize opportunities diligently and adhere to the correct trading logic, we can quickly turn losses into profits. Without a sound system, one lucky break is a lucky break, and two lucky breaks are also lucky breaks, and ultimately, only losses await us!Trade closed: target reached
The overall strategic thinking has been accurately implemented recently, with market conditions closely aligned with forecasts. Execution has resulted in profits. Congratulations to everyone who adhered strictly to their trading plan and achieved excellent returns. Those who persevere will stand out, while those who don't will be eliminated. The market is always full of opportunities, but those who are not resolute will always be eliminated.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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.
I treat every partner with my best efforts. I do not promise huge profits, but only pursue replicable and stable profits. Many people are already on this path, and you can too.Free witness telegram group t.me/TP_Daniel1
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.