Short-termTaurus

Friday's Gold Trading Plan

Short
Short-termTaurus Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold layout analysis: The layout of the gold 1927-29 position is empty on Thursday, and the friends who keep up with it will naturally get a profit. Yesterday's bullish CPI data failed to bring the gold bulls back on track, which is indeed a bit of a surprise. There are not a few people who chase after the extreme market, and they are basically swept out by the market in the end. Looking at the opening position of 1911 today, the current quotation is fluctuating around 1914, the high point keeps moving down, and the bottom keeps breaking low. Under this trend, it is only a matter of time before the 1910 low point is broken today. After yesterday's data was released, the market instantly rose to the 1930 line, then fell back and launched an attack again. After falling all the way to the 1910 position, it rebounded to the 1914 position and oscillated. In the state of weak and continuous output, if the gold bulls want to regain the initiative, they must stand above the 1930 position again to stabilize. Therefore, the main operation is bearish, and I will remind everyone if there is a chance to operate long orders. Friends, pay attention.


The market volatility in the Asian market on Friday is not large, and the recent trend is weird, so we need to be more cautious in controlling the entry position. In today's operation, let's first look at the short callback.

Let's first look at the breaking situation at the position of 1921 above. If it does not break, you can participate in short selling.
SELL1919~1921, SL1927, TP1910
If the European and American markets fall below the 1905-1903 position, you can participate in long positions
BUY1905~1903, SL1897, TP1915
Trade active:
Sustained profit, SELL1919 holding positions
Trade active:
Today’s analysis of 1920~1921 short selling is successful and profitable. Closing short positions and doing long immediately is also a steady profit.
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Trade active:
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