CFDs on Gold (US$ / OZ)
Long
Updated

Gold shocks and alternating long and short ideas

336
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💡Message Strategy

As we mentioned before, the upper 3345-50 is the suppression position after the non-agricultural data last week. We can short at the 45-50 line when it rebounds. Yesterday, we also gave the idea of ​​going long at the 3295-3301 line. At midnight, gold rebounded perfectly above the 3330 line and closed at the 3336 line.

Today we continue to pay attention to the short-term suppression of the 3345-50 line. If the rebound does not break, we will intervene in the short order. After all, the technical side needs to be adjusted and repaired during the day. We try to grasp the good entry position for operation. If your current gold operation is not ideal, welcome to communicate!

📊Technical aspects

From the 1-hour analysis, the short-term support of 3290-3295 is concerned below, the short-term resistance above is concerned about the 3345-50 line, and the suppression of 3365-70 is focused on. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, watch more and do less, and follow orders cautiously, and maintain the main tone of participation in the trend. Wait patiently for key points to participate. Pay attention to the specific operation strategy in time.

💰Strategy Package

Long Position:3290-3300,SL:3275,Target: 3320-3340
Trade active
U.S. President Trump said on social media that the tariffs will begin on August 1, 2025. There will be no change to the deadline and no extensions will be granted.
Trade closed: target reached
Gold is fluctuating upward

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