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Gold Spot / U.S. Dollar
Short
Updated

XAUUSD:Go short first and then go long

snapshot

Gold has a multiple top structure at a high level in the 4-hour period, and the 4-hour moving average of gold still shows signs of turning downward. Considering the comprehensive data later, the probability of being lower than the previous value is very small, and the probability of being between the middle value is very high, and it is expected to fall back first.
So in terms of trading strategy, you can choose to go short first.
Gold 2520-2025 short, stop loss 2530, target 2500-2490;
At the same time, the strong support below is around 2490-93. If it is not broken, you can go long at that time
Trade active
sell
Trade active
Pay attention to the target position
Trade closed: target reached
Reach the target
Trade active
2490-93 is still a strong support. Friends who want to go long can participate with a light position
Trade active
waiting
Trade active
The market is rising slowly as expected
Trade active
The target position can be seen at 2508-14
Trade closed: target reached
The target position has been reached
Explorer-k
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Also on:
Chart PatternsgoldlonggoldpredictiongoldtradingstrategyTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusdbuyxauusdlongxauusdsellxauusdshort
Explorer-k
Free daily strategies: t.me/Signal_33
Earn profits from cooperation : t.me/toExplorer_K

Cooperate with me and you will find that making money is so easy
Also on:

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