Explorer-k

Gold continues to be long, target 2400

Long
Explorer-k Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

The market refreshes your understanding again, and the high point breaks through again. We are still on the bull market train and will get further and further.
The highest gold price on Thursday was close to 2,400 points, because after the excessive adjustment from Wednesday to Thursday, the market has recovered some indicators, and now the market has entered a bullish rhythm. Continue to go long today and Friday. The reference support transitions up and down to 2360. From a morphological point of view, the important support below is the 2350 line. The overall pattern is still that the Asian market is strong, the European market is adjusting, and the US market continues to be bullish. In the past two weeks, we have continued to do long public strategies, and the winning rate is still 100%.

as the picture shows;

The current trading strategy range is: 2350-2360 below becomes support, and the upper target is 2390-2400.
That is to say, when the gold price falls back to around 2350-2360, buy long with the target of 2390-2400.

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For three weeks in a row, gold has moved as expected
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