XAUUSD:Trading and operating strategies

Through the analysis of the golden hour chart, it is learned that the previous trading day fell first and then rose, and once reached the position where the 1985 line above the first line began to fall in the early stage to regain lost ground in one fell swoop. From the MACD below, we can also clearly see that the main bulls in the bottom area have gathered a large number of red bulls. The energy bar of the bulls increases the current MACD. The smooth movement of the moving line and the upward crossing of the zero axis indicate that there are signs of further upward rebound in the short-term and beginning to strengthen.

In the short term, we can focus on the suppression of the figure above. In the short term, after all, the moving average system has not yet formed a long-term arrangement. The main bulls will continue to operate in a time-for-space manner. In the short term, the overall market performance will continue to fluctuate. The specific recommendations are as follows:

Gold:buy@1980-1985 tp1 1995 tp2 2005

Trade active:

Enter and make a profit

Trade active:

The 1980 line forms a strong support level

Trade active:

The short-term downgrade gives us a better chance to buy, so we buy again

Trade active:

As I analyzed, gold bottomed out and rebounded, so don't be discouraged, friends. The market is often cold. We can only use our own wisdom to play games with the market.