Gold
Long

XAUUSD: Gold prices in the New York market continue to go long

34
Dear traders, do you still not know how to trade XAUUSD? Go long or short? Welcome to check and review my personal ideas.

ADP data is bullish. However, gold prices did not rise sharply, and chose to continue to explore lows. On the eve of the New York market, gold prices fell sharply to a low of 2894, but after the New York market stabilized, gold prices rebounded sharply again. The support of 2900 below is still valid. At present, the price has broken through the recent high of 2930 again. It has not continued to rise, but has chosen to stagnate. If it falls back to below 2920. I think it is still possible to go long at a low level. Aggressive players can start in advance. Pay attention to trading risks. Reasonably control positions. Rationalize the margin ratio.


Buy at 2920.
Buy at 2925

tp2945

sl2910

Pay attention to risks when trading. Welcome to review, check and like my ideas.

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