I reminded everyone very early today that gold still has bullish potential today. For short-term trading, we can fully rely on support levels to do long gold. Today I am long gold in the range of 1910-1912, and I have reaped relatively good profits so far.
XAUUSD: @ 1910-1912 Buy, TP: 1918
https://www.tradingview.com/x/6Xa5h0Ko/ At present, gold maintains a volatile structure, but with the rise last Friday and an effective breakthrough, and today's multiple downward tests failed to break below short-term support, so gold still has the momentum to rise.Then we can continue to hold the long positions we currently hold, and wait patiently for the profit target to be reached.
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At present, gold has successfully reached our stop profit position, what we have to do now is to patiently wait for the opportunity to short gold
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There is no rush to short gold for the time being, the gold rebound may not be over yet
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