Gold Friday Review and Next Week’s Trading Range
Updated
Gold price trend changes during yesterday's US non-farm payrolls news.
Golden track:
2294--------2320.7--------2277.5--------2302
As I said in my last post. We divide it into two ranges 2280-2230. Transactions other than 2280-2230.
The previous pressure prices were 2292-2295 2280-2283 2317-2319. Therefore, we can sell high and buy low to complete yesterday's transaction based on the specific price.
Profit after running all my trading signals:
buy ① 2292-2295 2295-2320 profit 250pips
SELL ① 2317-2319 2319-2278 Profit 410pips
Buy ② 2280-2283 2280-2302 Profit 220pips
The closing price of gold is 2302. Next week we will continue to pay attention to the price fluctuations between 2280-2330. before breaking out of this range. We trade based on each key price. No matter it rises first and then we sell below 2330. Or if it falls first and then we buy above 2280, it is a good choice.
I will continue to update my thoughts.
Trade active
Forgot to link to my last post. You can check out my previous post, combined with the previous post
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