The 1-hour moving average of gold is still in a bullish arrangement with a golden cross pointing upwards, and it is still diverging upwards without any signs of turning.
Therefore, the bullish momentum of gold remains. The support level of gold on the 4-hour chart is in the 3028 area. Today's trading strategy is to go long directly when the price retracts to the 3028 area.
XAUUSD trading strategy:
buy@3028
TP:3045-3050
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide
Therefore, the bullish momentum of gold remains. The support level of gold on the 4-hour chart is in the 3028 area. Today's trading strategy is to go long directly when the price retracts to the 3028 area.
XAUUSD trading strategy:
buy@3028
TP:3045-3050
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide
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