Profit of 11K, both long and short have profit potential

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today’s gold trading situation is as follows:

1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696
2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228
3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769

Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have once again continued our 9-game winning streak in recent gold transactions. This is a very good result.

For the current gold market, in fact, gold as a whole still maintains a high and volatile market. However, gold has failed to make good progress in the short term when it has repeatedly risen to 2400. So after failing to break through many times, whether it is due to the need to accumulate upward momentum or a certain consumption of bullish energy, I think gold may undergo a deep correction at any time.

The correction is coming as soon as it comes, and the current lowest level of gold has fallen back to around 2361. If gold cannot quickly recover above 2380, or even above 2375, then gold may continue to fall back to 2355 or even near 2350, which means it may replicate the short-term trend of April 16th,thus laying the foundation for short-term adjustment trend pattern.

Therefore, in terms of trading, there may be a partial rebound in gold after a sharp decline, but it is best not to go long gold directly now, because once gold cannot recover its losses as soon as possible, gold may continue to fall. So before there is a clear signal, I suggest waiting and watching and not rushing to trade! When there is a suitable opportunity, I will make a corresponding trading plan!

I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Trade active:
If gold can rise back above 2380 or even 2385, gold will challenge 2400 again
Trade active:
Gold did not stand above 2380 during the rebound, and gold will undergo a second correction to confirm
Trade active:
Gold failed to stand above 2380 during the rebound, and gold is likely to continue its adjustment. Then in the next transactions, we may change the trading strategy in due course and try to focus on shorting on rallies.
Trade active:
If nothing else happens, the next trading rhythm will be short gold around the 2375- 2380-2385 area.
Trade active:
Gold fell back to the target area of 2355-2350 as expected
Trade active:
Gold has the intention of weakening in the short term, so today we will adjust our strategy to focus on shorting gold at high levels. The top will first focus on the 2370-2375 resistance area.
Trade active:
The opportunity to short gold has come

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