Long positions have made profits, focus on support

132
📰 Impact of news:

1. The United States issues new sanctions on Iran
2. Trump continues to criticize the Federal Reserve

📈 Market analysis:

At present, the gold price has touched 3340. If it stabilizes here, we can arrange to go long. However, the gold price is constantly testing downwards, which is why I did not arrange to go long immediately. At the same time, we need to be vigilant about whether the gold price will fall below the important support of 3330. If it really falls below 3330, the gold price may test the support of the integer mark of 3300, which will also determine the future market trend.

🏅 Trading strategies:

SELL 3400-3370
TP 3340-3330-3300

BUY 3335-3330
TP 3350-3370

SELL 3325-3320
TP 3310-3300

If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.

XAUUSD XAUUSD XAUUSD XAUUSD GOLD

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