short-term-catcher

Gold 1912-1908 position to do more

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Through the analysis of the golden hour chart, we know that the overall market in the last trading day continued to show a weak rebound trend, first rose and then fell, and now it has reached the bottom line of 1912 again, and there has been a sideways shock adjustment action, we can clearly see from the chart below In the early stage of the 1913 line, there was a wave of small rebounds, reaching the top line of 1930, rushing up and falling back. At present, it is still operating in a weak area. In terms of the strong support of 1894, we continue to operate at high altitudes and low multiples. The specific suggestions are as follows:

Go long in gold 1912-1908, each stop loss is 7 US dollars, and each stop profit is 15 US dollars;

Gold 1921-1925 short, stop loss 7 dollars each, take profit 15 dollars each.
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