Explorer-k

XAUUSD:Long strategy for target 2355

Long
Explorer-k Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

At present, gold has been hovering near 2330. It is too early to directly break through 2355 without forming support.
However, the bulls have actually persisted. It fell weakly after opening today, then rose rapidly after testing 2305, rising all the way to the 2354 line. We really hit our target in one fell swoop. Our weekend layout idea is to use 2306-2315 as support and go long the 2355 line. Gold is off to a good start today;
It is precisely because today's attempt to pull up the breakthrough failed, so it is currently oscillating at a high level, and the trend has not been destroyed.

In such a market, we must wait for the opportunity to enter the market. If the market doesn't give it, we would rather wait and see.

As shown in the figure, the strategy is still to trade around the 2306/2315-2355 range. The main line is to go long on dips. In the short term, you can still try to go long at 2330 with a small amount.

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Trade active
Trade active
Trade active
Trade active
Trade active
Trade active
Trade closed: target reached
Trade closed: target reached:
Target completed 2 times perfectly

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