Trading-Hawkeye

Mainly go long gold in the 2320 support area

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today, gold fluctuated and recovered after testing near the 2319 position. It hit near the 2344 position and then stagnated again. Gold is currently trading near the 2335 position. At present, we can see that gold as a whole is weakly fluctuating in the 2345-2315 area. What I have given you today is the gold short trading strategy and signals, short gold in the 2336-2340 area and 2340-2345 area respectively. At present, our gold short position has made a good profit.

According to the strength of the current market, it is difficult for both gold bulls and bears to continue, so it is difficult for gold to form a unilateral market in a short period of time. However, gold has been supported in the 2320-2315 area many times, indicating that the buying support below is strong.Then if gold has sufficient buying power, it still has room to try to hit the 2355-2360 area. Once gold breaks through this area, gold's short advantage will disappear, and it may even try to test the 2390-2400 area again.

In the current market trading, if gold does not make a strong breakthrough, then gold can still be regarded as oscillating in the 2345-2315 area as a whole. Then our trading rhythm is very simple, and we carry out high-sell and low-slag operations in this area. In addition, what needs to be noted in trading is that if you have profits, you must harvest them in time. Don't always covet the profits at the lowest point and the highest point. We will be satisfied if we can get most of the profits in the middle.

I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
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I have gone long gold below 2300. Gold is currently near 2332, and we have made good profits again.
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Although gold's current rebound momentum is not strong, as the lows continue to move upward, a complete upward channel will be formed in the short term, which is conducive to gold's rebound.
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At present, gold has rebounded to around 2337, and we set TP at 2441
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Gold has now rebounded to around 2339, which is close to our TP
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Wait patiently for gold to hit TP
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Gold rebounds above 2342, hitting TP again

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