XAUUSD:Latest trading signals

Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar

Hi guys, my family and I traveled for two weeks for my father's birthday. I hope everything is going well for everyone in these two weeks!

Gold successfully reached our target of 2280 on Friday. This time the profit is very good. At present, from the perspective of the pattern and indicators, there is a need for a rebound, so you can start to go long at a low level in Monday's trading.

During the trading process, focus on the resistance of the 2313-2327 range, followed by 2342-2352. This range is a strong resistance area. If the price touches this range, you can participate in shorts appropriately.

Consider the support around 2328. If it does not fall below, you can trade long again, and then continue to observe the 2342-2352 range. If it breaks through, then above 2358, there will be short opportunities again.

I will continue to update the specific trading information during the trading session. Please keep an eye on it. If you have any questions, leave me a message in time!

Have a good weekend!
Trade active:
Close to the resistance near 2313, the bulls have created good profits for us
Trade active:
The resistance near 2313 has been reached
Trade active:
Coming near the 2327 resistance
Trade active:
The retracement support is not broken, the price rises again, and the upper resistance continues to be paid attention to
Trade active:
Market volatility has become smaller. If the resistance level is broken in the Asian session tomorrow, the upper side will be around 2340.

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