Gold Spot / U.S. Dollar
Updated

Gold price has not peaked yet

180
Gold price has not peaked yet

1. Tensions support gold price rise

2. Pay attention to the impact of Fed data on Wednesday this week

3. The US dollar index is still at the bottom of the shock, and the weekly and daily K-lines are under pressure from the small cycle moving average.
The weekly level of gold is still a big positive line, and the overall opening is not very positive. At present, it is necessary to judge the trend reversal and wait for the key position to break through.

4. Technically, pay attention to the support near 2978. Once it breaks down strongly, pay attention to the opportunity to enter the long position near 2960-65.

Key position: support 2975-80, pressure 3000--3015

Operation suggestion:

Long position near 2975-80, stop loss 6 points, target 10-30 points
Trade active
snapshot
GOLD
BUY----2985---0.5
BUY---2975---0.5(limit)
SL:2970
TP:3013

This strategy
The maximum loss is 1000
The maximum profit is 2000-3000
The support level of the European session is around 2983
The Asian session and the US session are both rising at present
So
Next we will rely on the support of the European session
As long as the European session rises next
Then combined with the opening of the US session, there is a very high probability that it will touch 3000+ again
Trade closed: target reached
snapshot

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