Short-term-trading-king

Gold goes long for 5 consecutive wins

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

The gold European market prompts to go long at 1935, and profits have been harvested after rising again! The long position has won five consecutive times this week, and all of them are based on current prices.

Gold is still on a strong upward trend, and it is constantly reaching new highs. If it accelerates its rise, it can only follow the trend! Now that gold has touched the pressure of the 4-hour upper Bollinger Band, we will wait for the opportunity for a correction in the U.S. market before adding more! There will be more pullbacks closer to the 1930-35 area!

With a strong upward trend, even if there may be a correction, we should not go short easily against the trend! Instead, continue to go long with the trend to the end. Just wait patiently for the correction in the US market and continue to go long!
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