Gold price fell below 1915, go long

Entered the market at 1916 in the morning, and there was no TP in 1920, and finally fell sharply. At present, the bottom support is formed, and the short-term strategy in the day continues to be long

At the same time, when gold falls back to 1911/1910, you can enter the market in batches. In early trading today, it is given 1916~17 to do more. If you hold the 1900 line, we are short-term bullish. We will look at the follow-up direction in 1920

The fall of the golden hour line is normal and inevitable. The bottom of the candle chart is also obvious, and the triple bottom is more prominent. The gold price has also passed the long-lost resistance line 1912. The candle chart can still maintain 1912, so we go long directly

As long as the price of gold falls back, we dare to increase our positions, unless we break through the 1900 line

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In 1912, the profit of increasing positions was 120 pips and continued to hold, and in 1916, the profit was 80 pips.

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Gold is the same as I analyzed in the early trading, and the profit of up to 180pips was won. Unfortunately, crude oil failed to win

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We have made a lot of money yesterday, and today the U.S. market will be closed early, so there will not be many trading opportunities. Note that 1920 is the point of long-short competition. Yesterday’s highest point is around 1930, and the lowest point is around 1910. Today, you can go short at high levels and long at low levels to make profits. Hope today we can also make the profit we want

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1921 bought 1924 now

Comment:

TP1926

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Gold has reached a short-term high, and the resistance at 1930 still exists. In addition, the U.S. market is closed early, and the momentum of the market outlook continues to decrease. It is difficult to reach the previous support around 1937

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The Asian market opened, and my work also started, and the trading signals were analyzed immediately

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There are a lot of data today, so focus on the ADP employment numbers, initial jobless claims and EIA crude oil data that will be released later. Friends who hold positions pay attention to risk control. Gold will be affected by the data later, and the volatility is estimated to be between 1900 and 1940. The pressure above crude oil is at 72.6. If you have the opportunity to make a profit of more than 60pips after shorting within a day, you can choose to leave the market

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My thinking was right, the resistance level couldn't be pulled up, the bad news caused the price of gold to plummet