Trader_Christofer

Still go long on gold

Long
Trader_Christofer Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold trading signal I announced today is to go long on gold around the 1920 position, and to increase your position on the long gold near the 1916 position. Both have successfully reached our profit target at the 1923 position and achieved good returns.

At present, the most important position of gold is still in the 1920-15 area.In yesterday’s article, I told you that this area is very critical. Just now, it fell below 1920 in the US market, and reached the lowest point of 1912.

However, we can see from the candle chart that although gold has reached a minimum of 1912 points, on the hourly chart, there is no entity breaking down at 1920, but a long lower shadow line is closed. At present, the overall trend of gold is basically consistent with my drawing.

Then, next, I think gold will still rely on the 1920-15 area and look to the high point here in 1935-40. So at present, I mainly do long gold in trading. If I want to short gold, it is relatively safe to short gold at least in the 1932-35 area.

This week is very likely to be an opportunity for gold bulls to set sail. Don't miss this trading opportunity. For more trading signals and trading plans, you can follow the bottom of the article to view the details!
Trade active:
Still focus on long gold, 100% make money
Trade active:
Do not directly go long on gold near 1930, wait patiently for gold to fall before doing long gold
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 highest rebound of gold is around 1936, which is completely in line with my expectations
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