Gold Spot / U.S. Dollar
Long
Updated

Breaking through 3350, the bullish trend remains unchanged

138
📰 News information:

1. Pay attention to the impact of Trump administration tariffs

📈 Technical Analysis:

Possible interest rate cuts and tariffs in the fall continue to stimulate risk aversion. Currently, the 3300-3285-3310 points form a head and shoulders bottom pattern. The bullish momentum is relatively strong in the short term. Our short trade near 41 has hit the stop loss. As I wrote before, gold may continue to rise to 3360 or 3365 after breaking through 3350. The current RSI indicator is seriously oversold, so be cautious when operating in a unilateral trend in the short term. The safe way is to wait for a pullback to 3345-3340 to go long

🎯 Trading Points:

BUY 3345-3340
TP 3360-3370-3400

In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.

GOLD XAUUSD
Trade active
Gold price went up as expected. Brothers, our vision is indeed ahead of the times and our strategy is still effective. Go long if it falls back to 3345-3340 in the evening, SL3330 will be enough, TP 3350-60-65-75 area! For short selling, refer to the performance of 3365-3375. If you cannot break through effectively, you can try to short sell.

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