Gold is currently influenced by factors such as geopolitics, with strong support at lower levels. Meanwhile, the lower lows are continuously rising, and the market has now formed effective support. As a result, gold is more likely to rise than to fall. When conducting short-term intraday trading, we should follow the market's dominant trend, waiting for pullbacks to go long. Focus should remain on the support level at 3,200. If gold continues to trade above 3,200, a long strategy can be implemented around this level.
XAUUSD BUY@3200-3210
SL:3190
TP1:3230
TP2:3250
XAUUSD BUY@3200-3210
SL:3190
TP1:3230
TP2:3250
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Disclaimer
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