Domineeringdeal

Looking forward to next week, when the second foot hits the grou

Long
Domineeringdeal Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar

Good weekend, friends, I am the king of strength. It's time again for this week's wrap-up and next week's outlook. No matter what the market is, I will not be absent. No regrets.

Market summary: This week is divided into two parts: before the data and after the data. Before the data, we bought up, all in the band of more than 10 points. ; After the data comes out, short-term 1970 and then buy up.

Reflection: Be optimistic about the market and kill when you see good data. It may not be a bad thing. After the market stabilizes at the second bottom, the operation of buying up will be smoother. The minimum upside target from 1999 remains unchanged. The bottom is a process of repeated confirmation. Patience is expected.

Outlook for next week:

Prospect 1: The strong non-agricultural data will strengthen the expectation of interest rate hikes, which will only affect the short-term decline, and the probability of recovery in the market outlook is very high.

Prospect 2: Gold near 1930 is still the nearest support. Every time it dips, it will buy up first, which is in line with the expectation of the second landing.

Prospect 3: Peripheral stock markets accelerated their rise, and the US dollar index rebounded. Behind the prosperity, we are always ready for a surprise attack from the news.

Prospect 4: 1900 is the bottom line of the long-term trend, 1999 is the signal point to open a new high, and around 1950 is the central axis, which is relatively clear.

Prospect 5: Mid-term priority is given to white trading, short-term priority to late trading, and the combination of medium and short-term operations is conducive to reducing costs and protecting daylight saving time.

Epilogue: Next week is best done around the central axis. First, don't be in a state of confusion. Wait for the second landing (trade on the right). The impact of the news will last for 1-2 days. The sudden attack of the news is coming at any time to repair the market. This short-term opportunity may come at the same time. It is best to be prepared, that's all.

Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
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Have a great weekend and get ready for trading tomorrow
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