Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Is it suitable to buy or sell now?

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XAUUSD: How to trade? Short or long. If you don't know. You can take a look at Jack's ideas.

Affected by CPI and many US economic data, the trend of XAUUSD has been boosted. In terms of international geopolitics, the situation between Russia and Ukraine has become uncertain again. Russia unilaterally does not want to implement the ceasefire agreement proposed by Ukraine. This has greatly promoted geopolitical uncertainty, coupled with the CPI's expectations. It has greatly boosted the trend of XAUUSD. The current price has returned to the top of 2940.
The operation is still the same as before, mainly looking for low buys. If the price retreats to 2930 or tests below, you can buy in large amounts to make a profit.

In terms of trading, buy at 2930-2925. Check the new high position of 2956 above. Mainly pay attention to whether there is the latest news release in the market.

Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.

Trade active
The current bullish trend remains, and a decline is a good buying opportunity.
Trade closed: target reached
Follow the precise instructions. Profits are expanding again. Buy at low prices and accurately pick the bottom. XAUUSD has risen by nearly 20 points again. If you still don't know how to operate and trade, remember to pay attention to the dynamics of the analysis circle or leave me a message.

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