The forecast for gold next week is still mainly long!
Updated
https://www.tradingview.com/x/bVko2DIQ/
Even though gold dipped this week, it failed to fall below the watershed line of 2319. Bulls continued to rise close to $100 that week, which is also the norm for gold in recent weeks. The short-term one-hour trend has been wave after wave, hitting the 2400 mark many times during this period! At the same time, with the war in some areas, it is obvious that the market heat has not cooled down, and bulls still dominate the market! Next week's operation will still be based on a low-long strategy!
The biggest factor affecting gold in the near future must be the impact of local wars, and as the situation continues to worsen, the price of gold remains high. Although the early high of 2432 is already very high, now that the situation has not been alleviated, 2432 cannot become history. It is only a matter of time before it reaches a new high again next week. The current market situation is actually not difficult. Going long when falling back is like picking up money, but there are always people chasing the rise and losing all the way. But in fact, trading is not about following the market. You like to buy following the market fluctuations and then get trapped. , if so you will only become a stepping stone for others! Trading requires forward-looking vision and thinking. Just like before gold reaches a new historical high, experienced players have already predicted that it will break through 2432 again. Before that, I will gradually place multiple orders until the target is reached!
specific strategies
Gold is over 2378-2380, stop loss is 2370, target is 2400
Could I be talking about you now, haha, everyone is welcome to leave a message
Even though gold dipped this week, it failed to fall below the watershed line of 2319. Bulls continued to rise close to $100 that week, which is also the norm for gold in recent weeks. The short-term one-hour trend has been wave after wave, hitting the 2400 mark many times during this period! At the same time, with the war in some areas, it is obvious that the market heat has not cooled down, and bulls still dominate the market! Next week's operation will still be based on a low-long strategy!
The biggest factor affecting gold in the near future must be the impact of local wars, and as the situation continues to worsen, the price of gold remains high. Although the early high of 2432 is already very high, now that the situation has not been alleviated, 2432 cannot become history. It is only a matter of time before it reaches a new high again next week. The current market situation is actually not difficult. Going long when falling back is like picking up money, but there are always people chasing the rise and losing all the way. But in fact, trading is not about following the market. You like to buy following the market fluctuations and then get trapped. , if so you will only become a stepping stone for others! Trading requires forward-looking vision and thinking. Just like before gold reaches a new historical high, experienced players have already predicted that it will break through 2432 again. Before that, I will gradually place multiple orders until the target is reached!
specific strategies
Gold is over 2378-2380, stop loss is 2370, target is 2400
Could I be talking about you now, haha, everyone is welcome to leave a message
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