Gold Spot / U.S. Dollar
Long
Updated

Only by understanding the trend can you be firmly bullish.

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The market is changing rapidly, and going with the flow is the best way to go. When the trend comes, just go for it. Don't buy at the bottom against the trend, so as not to suffer. Remember not to act on impulse when trading. The market is good at dealing with all kinds of dissatisfaction, so you must not hold on to orders. I believe many people have experienced this. The more you resist, the more panic you will feel, and the floating losses will continue to magnify. You will not be able to eat or sleep well, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow Tian Haoyang's rhythm and try to see if it can make you suddenly enlightened. If you need help, I will always be here, but if you don't even extend your hand, how can I help you?

Gold rose unilaterally after the positive non-farm payrolls on Friday, hitting a new high this week. This week's K-line closed in a hammer shape, and the gold hourly line has a double bottom structure. However, gold should not have such a big retracement for the time being. The 3335-3330 line below is also an important support. So gold will mainly be bought on dips above 3335-3330 next week. Technically, there is still room for growth next week. The bulls continued to attack at the end of Friday and closed at 3363. Next week, we will continue to pay attention to the short-term suppression at the 3370-3375 line above. In terms of operations, we will continue to maintain retracement and buy. If your current operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate and exchange. Judging from the current gold trend, the short-term resistance above next week will be around 3370-3375, with a focus on the important pressure line of 3395-3400. Keep buying on pullbacks, and try to maintain a stable wait-and-see position in the middle. I will prompt the specific operation strategy at the bottom, so please pay attention in time.

Gold operation strategy: Go long on gold when it retraces to around 3340-3330, target 3370-3375, and continue to hold if it breaks through.
Trade active
The value of investment does not lie in how big the profit is, but in minimizing the risk. Every transaction is risky. You can control your greed when you are right, and control the loss when you are wrong. An investor without risk management awareness will eventually go to ruin. There is no trading strategy that is always right, but a trader who does not set a stop loss will never have a chance to turn around as long as he makes a mistake once. Profit lies in accumulation, and trading is a complete system. If the success rate exceeds 50%, all accumulated transactions will not result in losses. Those who do not plan for the overall situation are not qualified to plan for a specific area. Therefore, as a trader, we need to formulate a comprehensive and systematic trading plan, rather than caring about the gains and losses of a city or a place. Most of the losses come from a certain betting-style transaction, which shows that trading is of a gambling nature, and the meaning of trading is to distinguish this nature and control your emotions away from this mentality. Facing the market, the only thing we can do is to be rational
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.

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