Long gold is 100% profitable trading strategy

Our overall profit last week was very good. In the case of an average transaction volume of 2 lots, we also made a profit of 10K last week. Of course, if your transaction volume is more, the more profit you will definitely earn , indicating that our trading strategy is very effective.

After touching around 1935 on Friday night, there was a short-term correction trend, and it remained around 1925 as of the close. Looking at the trend next week, I am still bullish on gold, and gold is bound to reach 1940.

From the chart, 4 hours is an obvious head-and-shoulders pattern. 1910 is already confirmed to be the shoulder position. This may be a low point. I predict that the probability of gold falling below 1910 is very small. , if it does fall below 1910 again, then the trend will change.

At the beginning of next week, we will focus on the support of the 1920-15 area, because judging from the previous trend, it is also a trend to pull back to the support of the 1920-15 area after touching the 1930-35 area, and then go up again.

Therefore, next week, I suggest relying on entering the market near 1920-15 to do long, with a defensive stop loss below 1910, and the upper target first looks at 1940, followed by the top position of 1965-60.

For more trading signals and trading plans, you can follow the bottom of the article to view the details!

Trade active:

At the beginning of next week, we will mainly be long gold, 100% profitable

Trade active:

For more trading signals and trading plans, you can follow the bottom of the article to view the details!

Trade active:

At present, the Asian market has started, let’s see if there will be good long opportunities in gold