Trader_Antonio

Must be long gold now

Long
Trader_Antonio Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In the past two days, I have been reminding everyone to do long gold in batches in the 1820-1815 area. Currently, gold has rebounded to around 1825. The long gold position we currently hold still has good profits. And I believe that gold is currently basically at the bottom of this round, so we can still be confident and bold in going long gold in the 1820-1815 area.

Judging from the current structural trend of gold, gold has basically fallen into place. According to the current gold structure, gold is in a technical oversold zone, and the chart shows a signal of bottom divergence, indicating that gold is about to rebound.At present, gold is in the bottom-building stage, so gold is likely to rebound with the influence of data and news. From the hourly chart, the suppression point of gold is in the 1848-1850 area.This is also my first target for long gold. I hope we will have a good result next!

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Trade active:
Now is a good time to go long gold. As long as you are patient, you will definitely get very good profits by going long gold.
Trade active:
Gold is very likely to rise with the help of non-agricultural data. When the market is not confident, gold will rise.
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