UnknownUnicorn60055110

GOLD:Trading strategy

OANDA:XAUUSD   Gold Spot / U.S. Dollar

Today, gold is performing very strongly, and it can't even fall in 1922, but it hasn't broken through 1930 yet, so it's still uncertain about the direction of gold.

Now we can only judge that the approximate range of gold is 1920-1930.

So we trade around the range.


Short-term fast trading
Gold:buy1915-1920
TP1:1925
TP2:1927
TP3:1930 (If you break through strongly, you can continue to hold)
SL:1913

Gold:sell1928-1930
TP1:1924
TP2:1922
TP3:1915 (If you break through strongly, you can continue to hold)
SL:1935

The above strategies are only effective within the range, pay attention to risks

If my thoughts are helpful to you, please like and subscribe
Comment:
Follow me
Comment:
Observe whether you can break through 1930 and stand firm
Comment:
1935 If the resistance is strong, you can make up the position and sell again
Comment:
Pay attention to the size of resistance
Comment:
Lock in the increase in positions near 1935 and observe the support of 1930. If it does not fall, then you can stop the loss of orders at 1928-1930.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.