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Gold Spot / U.S. Dollar
Long
Updated

XAUUSD:Long Trading Strategies

snapshot

From the current 4-hour chart:
It can be found that there is a rule at present, that is, the strength of the rebound after touching the moving average.

The previous two times when the moving average was touched, there was a wave of substantial upward momentum.

Once this wave stretches up, it will be difficult to hold the high point of 2530.

Some people may have questions. Why can't it be held this time when it was held in the previous few times?

It has already hit 2530 three times before. If it hits 2530 again this time, it will be the fourth time. The probability of breaking is very high.

Therefore, don't fantasize about continuing to short at 2530 at present. I feel that this is unrealistic.

The most stable operation now is to go long in the range of 2500-2510. The first target is 2530, and the second is 2550.
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It's already rising
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Arrived at the buy position
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We have been notified that there are buy orders near 2507, and the rise is as expected. When there is a profit, you can choose the selling point by yourself. My target price is 2530.
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waiting
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You have made a profit of about 15 US dollars so far, and you can choose to exit the market or set a take-profit.
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The trend is as expected
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Today we are still trading around this range.
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:
Chart PatternsforexsignalgoldlonggoldpredictiongoldtradingstrategyTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusdbuyxauusdlong
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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