RSS Gold Hunter #20250113

Currently reading:
 RSS Gold Hunter #20250113

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
12,149
Likes
1,923
Credits
33,750©
Cash
0$
The 100-day moving average is upward, and the bullish momentum is strong. However, the decline in metal commodity prices or the rebound in US stocks may cause a sharp drop in gold prices
:1st_place_medal:
. Therefore, the trading strategy for gold prices
:1st_place_medal:
is mainly based on breakthroughs and shorts. The gold price
:1st_place_medal:
may return to the low point when the non-agricultural data was released. Since it is a reverse transaction, a stop loss needs to be set.

:white_check_mark:
Short-term trading strategy: (mean reversion) break through 2685 and then short
:white_check_mark:
Resistance reference: 2700 (breakthrough stop loss)
:white_check_mark:
Support reference: 2685 (breakthrough); 2660-2670

:arrow_right:
XAUUSD 15-minute chart
:1st_place_medal:

image


1 post - 1 participant

Read full topic
 
Status
Not open for further replies.
Tips
Top Bottom