Gold-Analysis7

XAUUSD Latest analysis

Short
PYTH:XAUUSD   Gold Spot
Gold may choose to take profits near the $2,400 mark, so caution is needed before further appreciation.
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Pay attention to the support points below and the pressure points above.
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The first support level is 2345 and the second support level is 2333.
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Two hours later, the United States will announce the monthly sales rate for March, which may further promote gold's rise.
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The profit stop point was accurately reached at 2360. Congratulations to my friends on the channel, they made money again.
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You can look for lows to continue buying and get short-term profits and exit quickly.
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I just posted here that you can make money by going long in the short term.
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Pay attention to the first support level of 2365. If you want to get trading information, you can join my channel.
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Geopolitical reasons have a great impact on gold, and the general direction today will still be upward.
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At this time, the market may be both long and short. It is recommended to trade short-term. You can exit when you make a profit. Don't be greedy.
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2380 is a key resistance level. If it breaks through, it is likely to reach the high of 2400 again.
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Trading strategy; go long in the 2370-2373 area, target 2390.
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As predicted, it is approaching 2390.
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Perfect prediction, it is already 2392 at this time, and the next target is 2400.
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A short-term correction is a buying opportunity. If you want to make money, you must seize the opportunity. The next resistance is 2400.
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Powell spoke an hour later, which could give markets a new direction.
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The Fed's hawkish speech hindered the price of gold, causing a short-term decline.
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The Fed's hawkish comments have held back gold, but if Israel strikes back against Iran, you could see gold rise again.
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The market's upward trend is still relatively strong, and if Israel counterattacks, this will be confirmed.
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A short-term pullback is a buying opportunity, enter with long orders.
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The 2380 area continues to be empty, waiting for a callback.
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Gold trading strategy: 2343-2347 directly enter with a short order.
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He's developing exactly how I expected him to.
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Today's decline in gold is already a trend, so we can just follow the market and short on rallies.
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The first resistance is the 2350 area. If it stands above this area, it will open up further upside space and the next target is the 2390 area.
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2330 turns into a support level. If it remains above 2330, it will continue to be bullish. If it falls below 2330, it will rebound and be bearish.
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