Gold Thursday trading signals and trend judgment (updated)
#XAUUSD The Federal Reserve ignited the market buying sentiment, and gold opened and rose to 2222 today. Gold moved below to 2192-2195-2197 multiple times. The top touched 2210-2212 many times.
The current golden range is 2180-2122. This trading range is very wide
Except for the current false breakthrough price of 2222. and the untouched support level below 2180. I think it is unlikely that gold will make a major correction. The reasonable trading range should be 2192-2222. Based on the Fib line and EMA line and today's running price as a reference. If gold fluctuates at a high level today, I think the trading range you can try is:
BUY2200-2202/ 1995-1997 sl2192 tp2213.5-2220
Because gold is still considered unstable in its current run. Of course, you can still choose not to trade and continue to observe.
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