Gold Spot / U.S. Dollar
Long
Updated

XAUUSD latest trend analysis, can we still go long?

199
Bros, although the initial jobless claims data has been released, it is only a slightly negative situation for gold and cannot fundamentally affect the trend of gold. At present, gold has strongly broken through the convergence triangle, reaching a maximum of around 3055, which is very close to the previous high of 3057, which is in line with our trading strategy. This is mainly due to the upward breakout driven by risk aversion, and there is currently no actual progress between Russia and Ukraine, which also has a potential impact on gold. Therefore, in the next short-term trading, we can rely on the correction to go long in the 3045-3035 area, with the target at 3050-3060 above, and continue to hold if the position is broken.

Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.
XAUUSD GOLD XAUUSD XAUUSD
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Bros, the precise hit of gold shows that there is no problem with the range I gave, but bros need to know how to stop in time to protect their profits to the greatest extent. I have closed the position at 3057, what about brothers?

Many friends who have read my posts have reported that my trading ideas and strategies are very helpful to them. I always firmly believe that profitability is the criterion for measuring strength, and seizing the opportunity is the key to victory. I will post every day to share my trading strategies and ideas for free. If you have just entered the market and don’t know how to make more profits, if you are already in it but the harvest is not ideal, then you might consider taking a look at my profile.

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