XAUUSD:2300 is coming soon, some profits will be closed

Currently, 2300 is around the corner, and the highest gold price is around 2288. From the minute and hourly lines, 2285-2288 is the short-term pressure level, but as mentioned before, the top was not mentioned during the period. Ascending, which means I can't be sure here. It will become a top because the trend has not yet formed a top form, so it can only be regarded as a short-term pressure level. It may correct under pressure and move higher.

In any case, the idea of hitting 2300 with a high probability this week remains unchanged, so the trading strategy can be as follows:
Since we cannot guarantee that it is the top, nor can we determine where the top is, we can reduce our position at 2285-2288 and leave a lighter position to bet on the high. This way you can lock in profits and avoid risk.

Trading ideas remain bullish. During the day's callback, focus on the 2260-2265 support point and look for long opportunities.

Strategies for VIP customers have also changed. The long orders holding 2241 and 2261 respectively have taken profits near 2283, part of the position, and the rest are waiting for notification.


The above is just my current interpretation of the market. The market is changing rapidly. Specific trading strategies should be carefully studied and judged based on actual market trends. I will continue to update. follow me. Trading is that simple!

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Arriving soon

Trade closed: target reached

Trade closed: target reached:

Perfect arrival

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