Gold still has a strong trend, be aware of risks cho FXOPEN:XAUUSD bởi Leo-trading-star

Gold has stepped back and corrected, and the price has fallen below the short-term moving average. The current high point is fixed at the 2300 line, and the decline will continue.

Pay attention to the 2240 first-line long position, stop loss 2226, and target above 2260. The main trend is still long. For adjustments after the small cycle rise, just follow the main trend and continue to make adjustments.

Currently, long orders are the first to bear the brunt of the position, and the profit is small, but there is still a distance from our target position. Not every wave of profits in the transaction can be realized quickly, so just grasp the direction and hold the position patiently! As long as you don't get off the car halfway, you will reach the key point!

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Obviously the K-line cannot fall. Gold once reached around 2230, but the big positive line directly pulled up to above 2250. This is an obvious bullish pattern. Even if it falls back, the big positive line can still pull up. This is a super buying trend. , the K-line continues to see new historical highs

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Plan your trade, trade your plan, gold bulls have reached a certain stage, and if gold peaks, the decline will be considerable. We will wait and see whether the non-agricultural sector will see a change.

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Following the trend, the low and long positions are bullish. There is no suitable entry position in the Asian market, and the focus is on the European market. Below, focus on the morning low of 2302-2306 range, and other positions will be arranged accordingly.

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Today it has fallen back more than 20 points from 2353, but in the current trend, do not arbitrarily believe that there is a top. In trading, it is better to focus on lows and longs. Rely on the first wave high point of 2353 to participate in defense. It is not that you cannot go short in the recent market. Short selling can only rely on the previous high as a defense. Once the high is broken, just give up all short orders. Do not forcefully add short positions!

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