Gold Spot / U.S. Dollar
Long
Updated

Wait for 3330 to buy the bottom and reduce unnecessary operation

320
#XAUUSD

We have made good profits from short selling yesterday. Currently, gold has fallen to 3350📎. The 4HMACD death cross has increased in volume and is expected to continue to decline. Consider going long near 3330📈. I don’t think it is prudent to bottom out at 3340. Move forward steadily on Friday and reduce unnecessary operations⚖️.

🚀 BUY 3335-3330
🚀 TP 3345-3362

Trade active
After the first long order was completed, I also told everyone that there would be an opportunity for a decline during the NY period and we could go long. The lowest was around 3325. Although my second long order was not entered at the lowest point, I still seized the trading opportunity. Why do I go long? Because of the current oversold situation, the impending tariff issue and the NFP data next week, the Fed’s interest rate cut is imminent. In the medium and long term, a bullish trend will definitely emerge, and the market urgently needs a correction. I have already told everyone what to do, and I hope everyone can seize the opportunity to make a profit. At the moment, I am no longer trading and I am preparing to spend the weekend. I wonder if there are any people who like to go for a drive. I am very happy to share our weekend life with you after trading. I wish you all a happy weekend in advance.

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