Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: The bullish structure remains intact

217
📈Gold has strengthened further after staging a deep V-shaped rebound yesterday. It broke through the historic 4,200 level during the day, hitting a high near 4,218.

📝Whether looking at the 4-hour chart or the daily chart, the bullish trend remains solid. As such, long positions should remain the core trading strategy.

💡Today, we also took short-term short positions, but exited promptly once the market pulled back. Therefore, short positions can only be traded on an opportunistic basis with quick entries and exits. Long positions should still be the primary approach. Do not attempt to "call the top". there is no clear peak in sight. Today’s high will only be tomorrow’s low.

💎Buy 4160 - 4165
TP 4180 - 4190 - 4200
SL 4150

Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Trade active
The resistance at 4,200 remains solid, and multiple attempts to break above it have failed to hold the level above 4,200.

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