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Gold 1945 goes long directly

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar

1945 go long directly

Gold is obviously still strong. The big positive line erected to stop the decline. This is the big positive line at the bottom, and two consecutive big positive lines directly stand on a new level, covering the range of the negative line. This is strong. At the same time, the 50-day moving average shows a clear upward trend. It worked, and the bulls counterattacked strongly. We took advantage of the market trend and adjusted to go long.

The golden hour line is also in the form of a double bottom, which can also be said to be a W bottom form. The K line also starts from below the 50 moving average, and breaks out of the suppression of the moving average. It is currently rising on the 50 moving average, and the 50 moving average is moving downwards. The pause button is on. It is obviously turning upwards. The K-line takes off with the moving average. If you look long at 1945, you have already gone long.

Operation strategy: long gold at 1945, stop loss at 1937, target at 1962
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