the_Hand_of_God

Gold is still bullish today

Long
the_Hand_of_God Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We were very sure of the bullish trend in yesterday's market. In yesterday's analysis, we also told everyone with great certainty that the short-term shock will end and bullish gold will break through 2070. The current performance is completely in line with our expectations. The long orders we placed in 2062 made us profit. It’s very rich. Today’s thinking is still to continue to be bullish. The daily line has already stood above 2070, which has opened up new room for growth. It has also formed an upward breakthrough pattern for the big cycle. This wave of upward breakthrough bulls’ target is pointing at 2144. In the short term, we We don't predict the top, nor do we try to intercept the trend, but we constantly look for opportunities for bulls to get on board.

The hourly chart shows that 2075 is a small support, and the period around 2070 is already a big support. Today’s 2075-2070 is the divide between long and short. If the price is above 2070, we insist on watching the strong bulls, or we can boldly pursue the longs. This way The possibility of a strong backlash is extremely small, but the possibility of continuing to refresh is very high.

Support 2070-2075, strong support 2055, pressure 2088, 2100, and the dividing line between strength and weakness on the market is 2075.

Gold----near 2070

buy

tp: 2088-2099
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If you had bought gold around 2073 as I suggested, you would now have made another $4!
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Buying in 2073 has now earned $5
Let's see where we can go today
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Every dip is a good buying opportunity
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The market has given the opportunity
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If you had followed my advice to buy gold in 2072, you would now have earned another $5!
When the market fluctuations are small, we can make large profits by trading repeatedly
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Today, the price of gold is not very volatile and has been fluctuating around the 2070-2080 range
The scalping trade also made us a good profit
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