XAUUSD: 30/8 Today’s Trading Strategy
At the beginning of the Asian market on Wednesday, gold held a nearly three-week high and is currently around 1936. The main U.S. employment data in July began to approach pre-epidemic levels, a sign of a cooling labor market. The dollar and U.S. bond yields fell sharply on Tuesday, with the 10-year U.S. bond yield hitting a near two-week low, helping gold soar more than $15 , conquered the key position near the 55-day moving average of 1931.5, and spot gold closed at 1937.17 on Wednesday. The gold 1915-1918 given by Jiesse yesterday emphasized the idea of gold bulls. I believe that the friends who followed have perfectly won the stop profit.
Yesterday's bulls rose and closed at a high level. The daily line included a big positive line, which broke through the previous highs at the highest point, but did not break through the previous lows. There was a bullish situation. After the shock, it broke through again, indicating the continuation of the bulls. From the perspective of the four-hour level, before this wave of rising gold was a wave of continuous falling waves, so the rising wave at this stage is an adjustment of the previous wave, or a new round of rising waves. Let’s start now Mainly do more at low positions. It is estimated that the watershed between long and short in the current trend will be at 1926, and you can continue to do long if the retracement does not break below.
Jiesse's conclusion: Gold's breakthrough again does not mean that it will continue to skyrocket. Today’s operation considers retracing and doing long mainly, and then shorting at high positions. Focus on the resistance of 1942-1947 at the top, support at 1918-1925 at the bottom, and focus on 1915 after an unexpected break. If the high point does not break through 1940 for many times, you can consider shorting.
Gold operation strategy:
SELL:1943-1947
TP1:1937
TP2:1933
1922-1926
TP1:1929
TP2:1932
Yesterday's bulls rose and closed at a high level. The daily line included a big positive line, which broke through the previous highs at the highest point, but did not break through the previous lows. There was a bullish situation. After the shock, it broke through again, indicating the continuation of the bulls. From the perspective of the four-hour level, before this wave of rising gold was a wave of continuous falling waves, so the rising wave at this stage is an adjustment of the previous wave, or a new round of rising waves. Let’s start now Mainly do more at low positions. It is estimated that the watershed between long and short in the current trend will be at 1926, and you can continue to do long if the retracement does not break below.
Jiesse's conclusion: Gold's breakthrough again does not mean that it will continue to skyrocket. Today’s operation considers retracing and doing long mainly, and then shorting at high positions. Focus on the resistance of 1942-1947 at the top, support at 1918-1925 at the bottom, and focus on 1915 after an unexpected break. If the high point does not break through 1940 for many times, you can consider shorting.
Gold operation strategy:
SELL:1943-1947
TP1:1937
TP2:1933
1922-1926
TP1:1929
TP2:1932
Trade active:
Successfully arrived at the planned short selling area
Trade active:
Today's transaction starts immediately
Trade active:
August has passed, friends, no matter whether you were scarred or full of profits last month, we welcome the new month, follow Jiesse's steps and let's make money together!
Trade active:
A new week, a good start and good luck🙏🏻
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✅Daily market analysis
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✅More than 2000pips profit every month
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