Short-term-trading-king

1958 go long directly

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

Gold can't fall anymore. The big positive line at the bottom has obviously stopped the decline. Especially since the gold price once dropped to around 1944, it is obvious that the downward pressure is great. The K line cannot go down. The big positive line directly swallows up the five positive lines. decline, and at the same time, there is an obvious bottom signal, which is a bullish engulfing pattern.

The four-hour gold price line has a strong Yang line. The K-line starts from below the 50-day moving average and directly breaks out of the suppression of the moving average. At the same time, the 50-day moving average also shows a strong twist upwards. At least the pause button is pressed for the downward movement. , the big positive line continues to exert force on the moving average, go long directly in 1958

Operation strategy: long gold 1958, stop loss 1950, target 1975
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