survivor_K

Interpretation of the gold market on September 21

Short
survivor_K Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

A recap of yesterday's market before trading today:

Yesterday, the market reached my expected take profit position of 1945. The market's highest breakthrough reached 1949. But after the Federal Reserve's monetary decision. Markets plummeted. The market reached its lowest level of 1924. This is a huge trading opportunity for those who sell. Pity. I stopped trading after taking profit and missed the opportunity. Here I congratulate my friends who sold gold.

So how to trade today. After the Federal Reserve interest rate decision, the market turned into a bearish trend. Everyone should know that trading should follow the trend. At present, the market has returned to the previous high point of 1930 after a sharp decline. Let’s wait and see if this position will stabilize. If you stand firm. Then there are still buying opportunities in the short term. But looking at the current market. It is still necessary to continue to focus on selling. Because the impact of yesterday's monetary policy was still very large. Of course, everything is quietly waiting for the transaction instructions from my private base as a signal light.

Today’s focus is on the news (Number of initial jobless claims in the United States for the week ending September 16 (10,000 people)). So for me, predicting the trend of news has always had high expectations. The accuracy is self-evident, and I believe that friends who follow my trading signals know it. All traded ahead of the news. Profits are also very optimistic. I will still announce it in advance today. When the time comes, please remember to come to my private base for observation and reference.
Trade active:
Waiting for today's news announcement
Trade active:
Buy gold. Take profit 1932. Stop loss 1922
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