12.26 Gold Trend Trading Strategy

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🎈Currently, spot gold is trading sideways at a high level, and the current price is 2617 US dollars/ounce. The support and pressure levels are high selling short and low buying long. The pressure level is 2633 and the support level is 2600. On Monday, gold opened at a low level in the Asian morning, and tested the support of the 2608 area. On Tuesday, it opened again in the 2613 area, indicating that the support below is strong. The support area is still bullish. Focus on the upper 2626 and 2633 points. The retracement is also expected. Without the retracement, the bulls can't go far. Due to the Christmas holiday, the bulls have no strength during the day and return to the range of shocks.🔴
🎈There are two scenarios for tomorrow's opening:
The first scenario is that the Asian morning session directly jumps up and opens above 2620, and then rises sharply in the morning session, breaking through 2626 and then trading sideways in the 2633 area. The European session exerts force again, directly breaking through 2633, and continues to rise to 2642. After the US session retests around 2633, the bulls exert force three times to directly probe above 2650. In terms of operation, hold the long orders in hand, break through 2626 and 2633 tomorrow and continue to go long. The first time it touches 2642, go short, and look at 2635-33. The US session retests around 2633 and directly goes long again, looking above 2650!🔴
🎈In the second case, the Asian market opened at a normal high in early trading. After a small retest of the 2613 area in the morning, it rose directly to the 2642 area in the early trading. The European market fluctuated and consolidated above 2633. The bulls in the US market made a second effort and broke through the 2650 area again.🔴

🎈Gold strategy:
Go long when gold retests near 2613, target 2642, 2650, 2664; go short if 2642, 2650, 2664 are given for the first time; go long in batches if 2610, 2607, 2601 are given; more real-time layout is subject to the actual market;🔴

🎈The difference between these two situations is whether it opens with a gap or opens at a normal high, which determines the strength of the bulls and how far they can go. If it opens with a gap, the strength of the bulls basically stops at the 2650 area, and if it opens at a normal high, the expected limit of the bulls can be seen in the 2670 area!🔴

13 godzin temu

Zlecenie aktywne

Today’s gold forecast market analysis:
The Asian market opened directly above the 2620 area in early trading. It rose sharply in the early trading. After breaking through the 2626 position, it then consolidated sideways in the 2633 area. If the European market regains strength, it directly breaks through 2633 and continues to rise to the 2642 area. Gold returned to the 2633 area for testing at the opening of the US session. After approaching 2633, the bulls made three efforts to directly test above 2650 points.

Operational strategy:
Hold on to the long orders in hand, break through 2626 and 2633 and continue to go long. It touches 2642 for the first time and is short, just look to 2635-33. The US market backtests around 2633 and goes long again, looking above 2650! If it opens at a normal high level, the expected limit of the bulls can be seen in the 2670 area!

6 godzin temu

Transakcja zamknięta: osiągnięto wyznaczony cel

Gold European Market Analysis:
Spot gold is trading sideways at a high level, currently quoted at $2,628/ounce, with support and pressure levels of high selling and low buying, pressure level 2,642, and support level 2,613. Gold opened high in the Asian session in the morning, and tested the support of the 2,608 area on Monday. It closed at a high level on Tuesday, and ran above the 2,620 area again in the Asian session on Thursday morning, indicating that the support below is strong, and the support area is still bullish. The Asian morning session predicted that the 2,626 area above has been strongly broken, and the breakthrough will continue to look up. The focus of the day is on the 2,633 and 2,642 points above. These two points are also a matter of time. As long as you hold the long order, you can take off directly! Today's Asian morning session predicted that gold bulls will rise sharply, and it has now been verified.

At present, the highest gold is in the 2,630 area. At this stage, it depends on whether the European session will continue to follow the analysis of the morning session. Wait and see! In terms of European trading operations, hold long orders in hand. Gold is directly long near 2626. It has now broken through 2626. At this stage, it depends on the situation of 2633 and 2642. If it breaks through, continue to buy long. It touches 2642 for the first time and sell short. 2635-33 is enough. If the U.S. market backtests 2633, go long again and look above 2650! The previous analysis strategy has said that if the market opens at a normal high level, the limit of bullish expectations can be seen in the 2670 area!