Market-King1

4.4 Suggested trend analysis of gold operation

Long
Market-King1 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Yesterday, the technical side of gold first declined and then rose. The Asian and European market was under pressure at the 2288 mark and quickly fell back. In the afternoon, it retreated further downwards and penetrated the 2270 mark to reach around 2267 and fell into sideways fluctuations. In the evening, the US market was affected by the negative ADP data. After falling, it rose, and the 2265 line stabilized and ushered in a strong bottom, rebounded and closed above the high. In the early morning, the price of gold accelerated its rise and closed near 2300, continuing to hit a record high. The daily level of 7 consecutive positives continued to maintain the bullish main upward rhythm. At the same time, the overall rhythm in the near future has increased. All are in a strong bullish form with strong intraday adjustments and closing highs in the early morning.
At present, the highest rise has touched around US$2,305, and the daily line closes with a big positive line with a long lower shadow. After the end of this form, today gold continues to be bullish and long, and there is still room and demand to continue to rise. Today For gold, focus on the lower support near US$2,280. If you step back, rely on the support here to continue to do long. Above, look at US$2,320 and US$2,350! I will prompt you with specific operating strategies during the trading session, so please pay attention in a timely manner. On the whole, today's gold short-term operation thinking is based on the guide gold master's suggestion to mainly do longs on callbacks, supplemented by shorts on rebounds. The top short-term focus will be on the 2310-2315 first-line resistance, and the bottom short-term focus will be on the 2285-2280 first-line support. All friends must follow Get up to speed. It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.

4.4 Gold operation strategy reference:


Short selling strategy:


Strategy 1: Short-sell (buy down) two-tenths of the position in batches near 2310-2313 when gold rebounds, stop loss 6 points, target around 2295-2285, break the position and look at the 2280 line; (Recommendation is for reference only, investment is risky, enter the market Need to be cautious!)


Multi-order strategy:


Strategy 2: Buy long (buy up) two-tenths positions in batches around 2282-2285, stop loss 6 points, target around 2295-2305, and look at the 2315 line if the position is broken; (Recommendations are for reference only, investment is risky, Be cautious when entering the market!)
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The arrival of the 4.5 non-agricultural data is the last trading day for crazy profits this week. I will post trading signals on my channel.
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