OANDA:XAUUSD   Gold Spot / U.S. Dollar

The decline in gold last week caused me to lose a lot, so last week I chose to rest on Thursday and observe for a day.

Now gold is still in a downward trend, so as long as it rises today, it is an opportunity to sell, and today it recovered part of last week's losses.

The last biggest decline, from 2080 to 1893, fell by about 187 points. If it is the same this time, then the bottom this time may be from 1987 to 1800, around 1800-1820, but these are all predictions. If we reach the vicinity of 1810 for the first time, we definitely need to buy to win the rebound.

Now gold is near 1832, and there is very little space from 1820, so you can now wait for the rebound to sell again, or wait for it to fall to 1820, divide the position and gradually buy, control the position, so that the chance of profit will be higher.

Last week let me learn that survival is more important than making money. I hope everyone can make money.

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Comment:
Waiting is also important
Comment:
You should keep up
Comment:
If you keep up and buy near 1815-1820, you can take a portion of the profit at 1825, guaranteeing a certain profit
Comment:
Today is the same as I predicted
Comment:
If you keep up with my strategy, then the chance of making a profit today is very high
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