Blessed_V

XAUUSD:How should we seize the opportunity to operate

Long
Blessed_V Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Due to the hawkish remarks of Fed Chairman Powell, it may mean that the Fed will not only raise interest rates by 25 basis points at each of the next two meetings, but may also raise interest rates by 25 basis points at each of the next three meetings, or even 50 basis points. It is also possible.Gold fell sharply and fell below the 1820 line, and is currently trading near the 1816 line.

Judging from the 4-hour level chart, the trend of the K-line has been continuously overcast and the trend is weak; however, it should be noted that the current price is close to the early support band, and the short-term deviation rate is also somewhat large, which may mean that gold's room for decline will not be too large; in the trend of the small-level cycle, the downward trend of gold has also begun to slow down, and there is a high probability that there will be a trend of adjustment and repair at the end of the market; therefore, you can consider looking for long-term opportunities near 1815.

Operation: It is recommended to pay attention to multi-order opportunities near 1815, stop loss at 1813, and look at 1825-1830 at the target point.

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Fluke is the culprit of increasing risks, while hesitation is the culprit of missed opportunities.Patience is the key to victory, confidence is the guarantee of success, and I hope everything will go well in the coming time.

XAUUSD GOLD XAUUSD XAUUSD
Trade active:
Don't be too greedy in operation, the target level reaches 1820-1830 and the position will be closed
Comment:
The target bit is 1825-1830
Comment:
The stop loss position is placed at 1812-1810
Trade active:
Wait patiently for the arrival of the restorative behavior, remember to set the take profit and stop loss during the operation
Comment:
The take profit level is 1825-1830, and the stop loss level is 1812-1810
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