Go long gold and continue to make profits
Today's profits are relatively good, and both gold and crude oil have achieved good gains in transactions. Moreover, although the gold long orders we currently hold have not reached the expected profit target, they still have good returns.
Today, gold fell back to around 1890 after rebounding from 1904. Many people may think that gold is still in a bearish trend and cannot rebound. I don't think so, I think gold is changing the trend right now. Because after the continuous negative decline, gold closed a positive K line yesterday on the basis of stopping the decline and stood on the short-term moving average, which is a signal of reversal momentum.
Therefore, it is definitely not possible to short gold near the 1890 position. After all, a triple bottom has been formed near the 1885 position in a short period of time, which limits the downside of gold and is also fully prepared to support the rise of gold,so this is also the reason why I tend to be long gold at present. If there is no accident today, the positive K-line will still be closed. In addition, the gold long positions in our hands can still be held with confidence. Even if we do not reach the profit target of 1902 today, we will surely reach our profit target tomorrow.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
Today, gold fell back to around 1890 after rebounding from 1904. Many people may think that gold is still in a bearish trend and cannot rebound. I don't think so, I think gold is changing the trend right now. Because after the continuous negative decline, gold closed a positive K line yesterday on the basis of stopping the decline and stood on the short-term moving average, which is a signal of reversal momentum.
Therefore, it is definitely not possible to short gold near the 1890 position. After all, a triple bottom has been formed near the 1885 position in a short period of time, which limits the downside of gold and is also fully prepared to support the rise of gold,so this is also the reason why I tend to be long gold at present. If there is no accident today, the positive K-line will still be closed. In addition, the gold long positions in our hands can still be held with confidence. Even if we do not reach the profit target of 1902 today, we will surely reach our profit target tomorrow.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
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The low point of gold is gradually rising, the center of gravity is gradually moving up, and gold will continue to rise. Our long gold positions will definitely reach the profit target
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Where do you think gold is going to go?
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There is a high probability that gold will rise tomorrow and try to break through the 1908-1910 area. Our current long positions in gold will definitely be profitable
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At present, gold is trying to break through the 1900 mark and is approaching our profit target
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Gold has just rebounded to the top of 1903. The last two trading orders we held yesterday have all reached our profit target. The trading strategy is as follows:
1.Xauusd:@1896-1894 Buy, TP:1902
2.Xauusd:@1890-1888 Buy again, TP:1902
1.Xauusd:@1896-1894 Buy, TP:1902
2.Xauusd:@1890-1888 Buy again, TP:1902
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