Gold/Bitcoin → Latest Trading Strategies

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Gold prices, Bitcoin, and foreign exchange all fell to varying degrees yesterday. Our sell orders all saw profits, which is cause for celebration.

With the Federal Reserve's interest rate decision imminent, the Swing Trading Center's trading outlook is to position long positions in advance, anticipating a significant rise after the decision. Gold prices are currently at a new low this month, hitting 3311, and are currently quoted at 3322. A tentative target for a short-term rebound could be around 3345. Buy below this level for preemptive trading.

BTCUSD also experienced a significant decline during the US dollar's rise. This may be related to Trump. This is a game between safe-haven assets. Before the US dollar experienced a significant decline, gold and Bitcoin would have to take a back seat, as the US dollar remains the primary safe-haven asset.

The downward trend in gold and BTCUSD requires significant news to revive and break the trend. Therefore, short-term traders can place buy orders in advance and wait for the market to rise.

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Giao dịch đang hoạt động

The buy orders at the low level have already realized profits. The gold price is currently quoted at 3329. Wait for 3330 to stabilize and effectively break through.

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Đóng lệnh: đạt mục tiêu

After the New York market opened, the gold price hit 3350 before retreating. This indeed reached the profit target set by the swing trading center. The current price has retreated to 3342, but the decline has not continued. This is because the previous resistance level of 3345 has formed a certain support level after breaking through this level and then retreating. In short, the short-term focus should be on whether the 3340-3345 range stabilizes. If so, gold prices may rise again after the upcoming Federal Reserve news.