Trading-Hawkeye

Support test is effective, short-term long gold

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Trading-Hawkeye Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Just now, I reminded in the last article that you should add double position to long gold at 2315. Currently, gold has reached the highest position of 2330 in the short-term rebound. From the perspective of form, gold has not yet escaped from the range of shocks. In the evening, gold once again dropped to 2315 to test the effectiveness of the support level. Obviously, it did not fall below it. The support of 2315 is still very strong. It is expected that it will continue to fluctuate before the NFP on Friday, and the shock is to accumulate energy for the NFP market on Friday.

There is no doubt that the current trend is volatile. The bottom support is 2315 and the upper pressure is 2355. In the future, the gold price will fall to around 2315 again. We will still go long first. In the short term, we will first look to 2340, and then 2355. The only thing that can make me change my strategy is that gold successfully falls below 2315 and closes below. Otherwise, if it falls back, I can participate in short-term long gold transactions!

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Handel aktiv:
Gold rebounded to above 2326 again in the short term, short-term bulls are still valid
Handel aktiv:
Gold rebounded to around 2330 again. We doubled our long position at 2315 and made a very considerable profit.
Handel aktiv:
We doubled our position at 2315 and went long gold. Now that gold has touched around 2330, we have made a lot of money.
Handel aktiv:
Did you follow my signal and double your position to go long gold? If you have followed my plan, congratulations on making another substantial income
Handel aktiv:
Gold as a whole still maintains a volatile trend, so after gold rebounds in the short term, we can still consider shorting gold.
Handel aktiv:
Gold should still have some room to rebound. You can consider shorting gold after it rebounds.
Handel aktiv:
The market is about to close, I hope to continue to win a good result tomorrow
Handel aktiv:
Today, we are still mainly shorting gold. First, we will focus on the short-term resistance in the 2335-2340 area.

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