XAUUSD: short or buy? How do you choose!
There is no major news that has impacted the market, and the three-party talks have not ended yet, so potential uncertainties still exist. This makes the current traders face a choice, whether to go long or short? After all, it is related to the growth and decrease of the balance.
From the technical point of view, there are signs of retracement. From the SMA, the momentum is not strong and relatively weak. On the contrary, the price continues to run in the range of SMA20-SMA50, which shows that the bulls are still relatively strong compared to the bears. The short-term support conversion point 2930 needs to be paid attention to. As the watershed between buying and selling.
Comprehensive trading plan: At present, the price is still trading sideways at a high level. The uncertainty of the news has added some mysterious power to the bulls. Jack believes that the short-term trend of XAUUSD will still rise again after testing the support at a low level, so going long is the first choice.
2928 is a stable buying position. Aggressive friends can choose to buy in advance at 2930-2933. Add a buy order again after XAUUSD falls back.
The target position is set at 2945-2950. The increase range is about 12P-22P.
The stop loss position is set at 2920.
Remember to set a take profit and stop loss in the transaction. Trading is not a one-time transaction, but more like a long-term career in balanced development. So don't let yourself take greater risks. Be sure to pay attention to this issue. ⚠⚠⚠⚠⚠⚠
Remember to like it after reading it. Everyone is welcome to leave your comments in the comment section. Do you support long or short positions?
From the technical point of view, there are signs of retracement. From the SMA, the momentum is not strong and relatively weak. On the contrary, the price continues to run in the range of SMA20-SMA50, which shows that the bulls are still relatively strong compared to the bears. The short-term support conversion point 2930 needs to be paid attention to. As the watershed between buying and selling.
Comprehensive trading plan: At present, the price is still trading sideways at a high level. The uncertainty of the news has added some mysterious power to the bulls. Jack believes that the short-term trend of XAUUSD will still rise again after testing the support at a low level, so going long is the first choice.
2928 is a stable buying position. Aggressive friends can choose to buy in advance at 2930-2933. Add a buy order again after XAUUSD falls back.
The target position is set at 2945-2950. The increase range is about 12P-22P.
The stop loss position is set at 2920.
Remember to set a take profit and stop loss in the transaction. Trading is not a one-time transaction, but more like a long-term career in balanced development. So don't let yourself take greater risks. Be sure to pay attention to this issue. ⚠⚠⚠⚠⚠⚠
Remember to like it after reading it. Everyone is welcome to leave your comments in the comment section. Do you support long or short positions?
Note
Gold price fell again after rising to 2940. There is still some distance to our target.
🚀🚀The signal accuracy rate exceeded 96.3%.
🚀🚀The highest monthly yield was 1169%.
✅✅Want to recover losses? Expand profits?
✅✅Follow me to the Telegram channel to receive the latest trading plan.
✅✅t.me/jakeggjffdddd
🚀🚀The highest monthly yield was 1169%.
✅✅Want to recover losses? Expand profits?
✅✅Follow me to the Telegram channel to receive the latest trading plan.
✅✅t.me/jakeggjffdddd
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀🚀The signal accuracy rate exceeded 96.3%.
🚀🚀The highest monthly yield was 1169%.
✅✅Want to recover losses? Expand profits?
✅✅Follow me to the Telegram channel to receive the latest trading plan.
✅✅t.me/jakeggjffdddd
🚀🚀The highest monthly yield was 1169%.
✅✅Want to recover losses? Expand profits?
✅✅Follow me to the Telegram channel to receive the latest trading plan.
✅✅t.me/jakeggjffdddd
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.