XAUUSD: Buy if it doesn’t fall below 2555-2560

2024年11月15日

Yesterday, the price of gold continued to fall for the fifth trading day. The market predicts that the incoming US President Trump will adopt a stricter monetary policy and reduce geopolitical risks, causing the price of gold to fall to its lowest level in two months.

According to the trend in the 1H chart, the price of gold is currently in a rebound stage. Although it has fallen back, the risk of rebound after a sharp drop must be noted.

If gold prices test the support area of 2550-2560 again today and do not break, then it is very likely to move towards 2590. Observe the situation of the support area of ​​2550-2560. If there is no break, you can buy here

2024年11月15日

交易進行

I bought at 2562 when it fell back just now. Now the gold price is rising very well and I can continue to hold it. However, considering that 2576 is the starting point of the previous fall, there is a certain resistance, so you can observe the resistance here. If it goes up many times, If you can't break through, you can take profits here.

2024年11月18日

交易結束：目標達成

It has successfully reached 2590 and exited with profit.