Trading-Hawkeye

Go long gold directly, targeting the 2325-2330 area.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and build a bottom. Although the overall trend was bearish, But after the rebound, there will be better room to fall.

So in terms of short-term trading, if you read my last article, you should consider following me to do long gold in the 2316-2314 area, TP: 2325. If you have not participated in the transaction,I still insist on the short-term long gold view and boldly go long gold in the 2316-2314 area. After gold rebounds to the 2325-2330 area, I will consider backhand shorting gold.

I share detailed trading strategies and trading signals every day to help everyone correctly understand trading logic and identify trading traps. After all, only the longer you survive in the market, the more profits you can make in the market. Control risks and profit is king. You can follow the channel at the bottom of the article to understand and obtain detailed trading logic and trading signals in the first time.
Trade active:
Gold rebounded strongly in the short term, hitting TP: 2325. I will short gold again later
Trade active:
Gold shows two long upper shadows in the short term. Gold refuses to continue to rise. You can start shorting gold in the 2324-2326 area.
Trade active:
The original plan was to short gold after gold touched the 2325-2330 target area. I had already shorted gold at 2325.73. Gold had just fallen short-term to near 2316 and did not hit TP: 2314. So I still hold a short position in gold. , looking forward to gold hitting TP again
Trade active:
Gold rebounded above 2326 again. I think the gold rebound is still an opportunity to short gold.
Trade active:
Gold rebounded strongly and hit SL2333 and was out. My 13-game winning streak in gold trading was interrupted. Later I will look for suitable opportunities to participate in transactions again
Trade active:
If gold retraces back to the 2322-2320 area, I will begin to re-enter the trade and go long gold
Trade active:
Gold rebounded again after touching around 2322, giving us the opportunity to go long gold.
Trade active:
Gold has shown signs of shock and bottoming in the short term. According to the current trend pattern, gold still has a chance to hit the 2350-2355 area. I have gone long gold in the area near 2322. Are you long gold like me?
Trade active:
Gold rebounded above 2325 and our long positions have started to make money
Trade active:
We temporarily set TP to 2335 and hope that gold can continue its rise and hit TP.

Friends who have entered my group have made considerable profits by following trading signals! If you want to get detailed trading signals and trading logic, join my Telegram group: Make making money a pleasure t.me/+o1k2cWcaCJVmNzRk
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.