Crazylambboy

The bottom of gold is established, step back and wait for the op

Long
Crazylambboy Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

In many cases, when we encounter failures, it is because we lack that little bit of persistence, a little bit of indomitable perseverance. It is clear that the dawn of success is in front of us, but we don't have the confidence and perseverance to persevere. As a result, all the hardships and hardships we have suffered before are in vain.


Gold continued Friday's rapid rise, and the short-term pressure and shocks hit the sideways market in the short-term. Friday's breakout has opened up space above, so we follow the market and remain low and bullish during the day. For gold operation, it is recommended to buy at 1848, risk control at 1844, and target 1860~1864.


Gold is bullish for several reasons:
1. Gold breaking through the previous high means that the bullish trend is not over yet, and there is still room above the daily closing.
2. The intraday pressure is 1864~1873, and the support is 1848~1844.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
Comment:
The trend of gold is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
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