It is currently maintained near 1930. In the short term, you can enter the market with long orders, and the target take-profit position is 1936.
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Entered at 1830. TP1836
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Now let us wait quietly for the rise.
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There are still 3 dollars left before our take profit position.
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At present, bulls can still enter in the short term, with the target of 1836.
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Closing the trade with only a small profit, gold still looks to be on a downward trend.
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It has started to decline again. It is recommended that partners with long orders pay attention to their defensive positions.
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Gold is still bearish, and those who want to trade long are advised to continue to watch and not enter the market.
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So far, many friends have asked me what to do with gold and where to enter with long orders. I have answered patiently. My current opinion is that gold is still on the bearish side and I do not recommend entering with long orders. The safest way is to wait until gold rebounds to highs before shorting. Currently I am paying attention to the crude oil market.
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The short-term decline of the US dollar index and the short-term decline of USD/JPY to 300 points are both favorable factors for gold. In my opinion, gold's rebound is about to begin. We have entered at 22 and made a profit at 30, making a short-term profit of 7 US dollars.