Trader_Antonio

Going long gold is profitable as expected

Long
Trader_Antonio Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The trading ideas I gave you today are still based on long gold at low levels, and I remind you to do long gold around the short-term support position today. The first support position we focus on is the 1846-1844 area.We were long gold around this area. Gold has now successfully touched my expected profit target position of 1854. Congratulations to all of us on our first victory of the week today.

Gold has been affected by the geopolitical situation. So far, gold has reached a high of around 1855. According to the current structural trend of gold, the upper suppression point of gold is around 1865, followed by the 1877-1875 area. Therefore, 1855 is definitely not the highest point of this round of gold rebound. I expect gold may hit around 1865 and maybe even hit the resistance area around 1875. Therefore, in the next short-term trading, we will mainly be long gold at low levels. In addition, CPI data will be released this week. This data will be the highlight of our gold trading. I believe that as long as we seize this opportunity, we will reap profits beyond expectations.

In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Trade active:
Gold currently breaks through the high of 1855 as expected and currently rebounds to around 1859
Trade active:

We continue to make money by going long gold
Trade active:
We will continue to look for opportunities to go long gold at low levels
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