Long

XAUUSD Gold traded nearly 400 million dollars in one minute

Updated

COMEX's most active gold futures contract traded 2,008 lots within one minute, with a total contract value of 386 million US dollars.
Gold started to fluctuate and the price of gold broke out yesterday. It has broken through the 200-day moving average and started a rebound trend. The first bullish target for gold is 1929.00, and the next target is 1945.

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Pay attention to the shock interval. Focus on the 50-day moving average resistance at 1932.

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1909-1912 Long. Target 1922

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1913 long. Target 1920

Trade closed: target reached

waiting for 1929

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Focus on 1929. This point is the most important signal.

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XAUUSD currently maintains a narrow range of shocks on the daily trend, and the current price is temporarily under pressure in the 1922-3 area. Possible secondary pull-up at high level

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1913-1915 Long. Target 1925

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As I mentioned above focus on the 50 day moving average at 1932. The next target is 1945

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A brief ups and downs will reach the target 1945

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Gold has reached the target position, and then we will start to pay attention to the big market conditions. The U.S. dollar and U.S. bond yields fell sharply on Tuesday after U.S. job vacancies fell in July, with the 10-year U.S. bond yield hitting a near two-week low, spurring a wave of gains in gold.

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The U.S. job market is cooling down, and gold will hit new highs again today.

Trade closed: target reached

1945.81

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1941-1942 long. Target 1950

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The ADP employment data in August was weaker than market expectations, and the interest rate hike expectations in November have also cooled, and the US dollar index continued to weaken. This will attract investors to enter the long position.

Anthony-Ryan

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