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Xauusdideas

XAUUSD: Long position at 1830-1835 A person, a book, a cup of tea, and a dream. Sometimes, loneliness is so moving, and only at this moment can the world be so calm. The cool wind blows the pages of the book, and the smoke and rain permeate the dusty words and stories in the book with a moist breath. Leaning alone at the window, watching the blue-stone alley at the corner, an oil-paper umbrella that has been missed for a long time, covering the time that passes under the eaves. There is not much to say, the overall trend of XAUUSD is consistent with my expectations. At the weekend, I suggested a short-term position followed by a long position. This week, there has been a downward adjustment mainly due to the overall rise of $50 in XAUUSD last week, and there is a technical demand for a correction. After closing the profit of the short position, we can re-enter the long position to gain profits. Personal suggestion: Enter the long position at 1830-1835, and focus on the target of 1850-1860. Pay attention to the support at 1830 below. I will also update the latest operational ideas in a timely manner, please keep paying attention and leave me a message if you have any questions.
FX:XAUUSDLong
by FlashTrades_
1
How to allocate your funds for profit? There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one type of investment, as it could lead to uncontrollable risk. So, how can we allocate our funds sensibly? Here are three investment types to consider: Cryptocurrencies After the emergence of countless "get-rich-quick" stories in the cryptocurrency market, many people have flocked to invest. However, the reality is that the market is merciless and risky. Only those who are strategic and opportunistic can make a profit. It is recommended to invest 10% of your funds into the market for a coin with a lower price point, and hold it for the long-term. If the value increases, your assets will expand infinitely. If it fails, you won't lose everything. Forex Market To participate in the forex market, choose currency pairs with lower liquidity, such as EURUSD, USDJPY, and GBPUSD. When these products show good buying opportunities, it is recommended to invest 50% of your funds into the market. The fluctuation of currency pairs is relatively small, making it a stable option for long-term trading. However, it requires a certain amount of capital accumulation to see profits. Futures Market In this market, let's focus on XAUUSD. This product has storage value internationally, making it suitable for trading. However, due to its sensitivity to news and geopolitical events, it can experience severe fluctuations. It is recommended to invest 20% of your funds into the market for short-term operations. Trading once or twice a day to gain short-term profits is the suggested approach. The remaining 20% of your funds can be used for your daily expenses. Trading is not gambling. It is important to learn how to plan within your capabilities, manage your finances wisely, and make trading easier. I have extensive knowledge in cryptocurrencies, forex, stocks, gold, and crude oil futures products. I will continue to update my daily operation strategies. Thank you for your attention and likes. If you have any questions, please feel free to leave a message. I will provide the most reliable advice to help you.
FX:XAUUSDEducation
by FlashTrades_