Trading-Hawkeye

23 consecutive wins! Continue to be long gold in the short term!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Due to delays this morning, I missed the opportunity to short gold. But fortunately, we also made a lot of profits in long gold transactions, which made up for the regret of missing the short gold profits. Today we added long gold positions near 2314 and 2307 respectively. During the rebound, gold hit the highest position near 2321. Even if we closed the position above the 2317 position in advance, we also made a good profit.I personally made $7.5K in profit on long trades. Congratulations to us for setting a new winning streak. We have achieved 23 consecutive wins in trading so far.

According to the current short-term structure of gold, gold has not made breakthrough progress on both the long and short sides, and the overall structure of gold maintains a shock in the 2300-2325 area. Although there is currently a lot of talk in the market about gold falling to the 2290-2280 area, I also think that gold may fall to the 2290-2280 area, but the time has not come yet. Before falling to the 2290-2280 area, I think gold will at least rise and touch the 2325-2335 area before a significant decline is possible.

Judging from the recent trend, although gold's performance is relatively weak, it is undeniable that gold has held the 2300 mark many times during its decline. It is obvious that there is still strong support below. The first is the support at 2305 and 2303. Many people will even look at the 2300-2298 area support as much as possible. They are all gathering buying points, so gold has shown twists and turns during its decline. In addition, gold repeatedly built a bottom structure during the shock, gradually limiting the room for decline; and gold broke through the 2320 position during the rebound, further confirming the potential and space for gold to continue to rise, so gold may still continue to rise to the 2325-2335 area .

Then in the following trading rhythm, I will look for more short-term long gold opportunities. I believe that in long gold trading, we will earn considerable profits!Friends who have followed the channel so far have made good profits as long as they follow my trading signals. If you want to receive detailed trading signals, if you want to learn the latest trading thinking and trading logic, you can choose to follow the channel at the bottom of the article, so that losses will no longer happen and making money will become a pleasure!
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Gold has fallen back to around 2308 again, and there may be a good long opportunity
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When gold falls back to around 2305, I will consider going long gold
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I expect gold will rebound again. Do you think gold will rebound again?
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Wait for gold to fall back before going long on gold
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Don't worry about short-term weakness in gold. Weakness is the opportunity to go long in gold, otherwise there is no point in retracement.
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Although gold is currently trapped in a narrow range of fluctuations, gold has not continued to fall in such a weak market. This shows that there is still a certain amount of buying power below, which is conducive to gold's rebound!
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There is no need to rush into trading for the time being, just wait patiently for the market to fall back.
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Wait for gold to make its final drop before going long on gold
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It is best not to short gold before it falls below the level, because gold may still continue to rise under the support.
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Gold rebounded again without touching the support of 2305. Let’s wait first.
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Expect gold to fall back below 2305
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Go long gold now

Friends who have entered my group have made considerable profits by following trading signals! If you want to get detailed trading signals and trading logic, join my Telegram group: Make making money a pleasure t.me/+o1k2cWcaCJVmNzRk
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