short-term-catcher

Gold stabilized on August 22, go long directly

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The gold European market prompts that the current price of 1899 is high, and it will rise to the 1905 line as scheduled! Now the rebound continues, the fall is still an opportunity to go long, continue to be bullish, and after breaking through 1905, it will be bullish to the 1920 line!

The downward trend of gold has changed. Previously, the market had been suppressed by the 4-hour Bollinger middle track, but now it has broken through and directly touched 1905 for the first time. The Bollinger track turned upwards, the decline ended, and the rebound started!

Now the market has encountered resistance and started to pull back after the pressure of the 4-hour short-term moving average, but the rebound is still continuing. If it falls back, it will continue to be long and bullish. The decline is over and the rebound has started.

specific strategy

Go long on gold at 1890, stop loss at 1880, target at 1915.
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