It is predicted that gold will continue to rise, so grasp the rh
Updated
https://www.tradingview.com/x/4YUFZU5F/
Gold has been victorious in many battles this week, with a cumulative profit of nearly 50 US dollars that week. This week, it only adjusted positions and stopped losses by 1 US dollar. The detailed operation records can be reviewed on the homepage. Last Friday, the trading rhythm was relatively fast, and there was enough profit margin for both short-term and long-term positions. However, for our trading ideas, going with the general trend is the only stable strategy! If the market opens slightly lower next week, you can continue to go long!
Looking at the one-hour chart, the price of gold has recently shown a step-by-step upward trend, with lows rising and highs rising! The energy of the bulls is still very strong, and there is no possibility of a significant retracement in the short term. However, taking into account the kinetic energy performance after the bulls' large-scale attack, it is expected that there will be another slight adjustment at the opening of next week, and the gold price will only recover in the market outlook. If the current trend line support 2038 cannot be broken, any retracement will give us an opportunity to go long!
The market will be closed for Christmas next Monday, but this will not affect our operating ideas next week. As long as the gold price does not fall below 2038 quickly in a short period of time, we will maintain our original judgment and go long!
Trading strategy: Gold will be over 2040-2045 next week, stop loss 2035, target 2060
Gold has been victorious in many battles this week, with a cumulative profit of nearly 50 US dollars that week. This week, it only adjusted positions and stopped losses by 1 US dollar. The detailed operation records can be reviewed on the homepage. Last Friday, the trading rhythm was relatively fast, and there was enough profit margin for both short-term and long-term positions. However, for our trading ideas, going with the general trend is the only stable strategy! If the market opens slightly lower next week, you can continue to go long!
Looking at the one-hour chart, the price of gold has recently shown a step-by-step upward trend, with lows rising and highs rising! The energy of the bulls is still very strong, and there is no possibility of a significant retracement in the short term. However, taking into account the kinetic energy performance after the bulls' large-scale attack, it is expected that there will be another slight adjustment at the opening of next week, and the gold price will only recover in the market outlook. If the current trend line support 2038 cannot be broken, any retracement will give us an opportunity to go long!
The market will be closed for Christmas next Monday, but this will not affect our operating ideas next week. As long as the gold price does not fall below 2038 quickly in a short period of time, we will maintain our original judgment and go long!
Trading strategy: Gold will be over 2040-2045 next week, stop loss 2035, target 2060
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