Transactions-never-fail

The latest views and strategies on gold this week

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the current market situation of gold, the Bollinger Bands on the daily chart are opening, the KDJ indicator is dead cross and the volume is increasing, and the stochastic indicator is dead cross downward. As the daily line continued to close negative last Friday, gold continues to move downward and adjust its structure. Looking at the 4-hour chart, the KDJ indicator crosses and increases volume. Gold is currently showing a high level of shock. In addition, this week is the end of the month, and the market at the end of the month is prone to market washouts. Therefore, there is a high probability that this week will still be volatile, with highs and lows, and we should be careful to chase the gains and sell the losses. The 2178 line fell back under pressure in the early trading, and the current low fell to 2163. In the European market, it was first low and long, and then it was under pressure at the high and then participated in the short position.

Gold operation suggestions:

The market is long near 2162-64, with the target at 2173 and 2180. The top is short at 2178-80. Specific signals are mainly based on real-time prompts.
Trade active:
The first stage of profit has been reached, waiting for 2175 to take profit.
Trade active:
Our team has made a profit of 5 points from shorting gold and continues to wait for 2166TP
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