Krause_Philipp

Gold trading strategy for next Monday

Long
Krause_Philipp Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar

I accurately judged the basic range and trend of gold on Friday. The price of gold exceeded the 2,000 mark on Friday night. Although multiple data released by the United States last Friday were beneficial to the decline of gold, the war has had a negative impact on gold. The impact is huge. As the multi-party war intensifies, the price of gold rises sharply.
There will be a lot of news about gold next week, including news about the Federal Reserve, non-farm payrolls, unemployment rate, etc. In addition, combined with the war trend at the weekend, I think gold will still show an upward trend. If the intensification of the war does not ease, the price of gold next week may reach around 2080. If the war eases, and the important data released next week will be beneficial to gold Going short, I think the support for gold prices around 1950 is still strong.
Gold may adjust its price to around 1995 on Monday and then rise again.
Gold’s operating strategy for next Monday:

buy:1996-2002 tp 2022 (if there is a huge price adjustment after the opening, I will re-update my trading signals)
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