Short-term-trading

Gold 1963 direct long, bullish

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

gold adjustment

Gold 1963 direct long

The bottom of the golden hour line is still supported by a strong big Yang line, especially the direct 20cm tamping of the two big Yang lines. At the same time, the K line has also completed a deep V reversal. The lower edge of the shock container is the 1955 line. The market has always been falling, and 1963 will be more

At the same time, the trend of the daily line is also the big Yang line at the bottom to stop the decline. The body of the big Yang line engulfs the body of the Yin line, and the closing price is also higher than the opening price. The line as a whole is still in an upward channel, and the upper resistance level must be the previous high point of 1985. Once it breaks through the upward trend, it is inevitable to directly increase the position

Operating strategy: go long on gold at 1963, stop loss at 1955, target at 1985
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