Gold Spot
Long
Updated

Gold Operation Analysis

Gold 38-42 short orders were accurately entered and perfectly profited. There is a probability that Europe will rise rapidly, but now it has formed support between 08-04, and the current price order has been entered. According to the daily line analysis, 2886 is not effectively broken down and the bulls are still strong. We will enter the market in the middle and late stages of Europe based on the actual break direction.

Intraday strategy ideas: Long orders will take two steps today. The first step must be stable. Now long orders have been entered near 08. Then we just need to follow the strategy later. The recent market is extreme, and profits must be protected in time, and don’t be too aggressive;

◆Short order◆
Aggressive short at 40.5, short at 47-53, stop loss: 7 points each, or unified stop loss at 57. Target: 36-28 break and continue to reduce holdings;
◆Long order◆
Be cautious with long orders, there is a high probability of rapid break, divided into two steps, and the second step is performed for conservative ones;
Step 1: 98-92 long, stop loss 7 points, target: 16-22-30, break 32 to see new highs;
Target: 16-22-30, breaking 32 and looking for a new high;
Trade active
Gold is currently at the best entry point. Buy directly at 2900-05, with a target price of 2950. You can get the accurate trading strategy in my link.
Trade closed: target reached
Gold is currently at the best entry point. Buy directly at 2900-05, with a target price of 2950. You can get the accurate trading strategy in my link.

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