$XAU still holding a gold long position, brother—don’t rush to cut your losses. Take a look at this now!
This gold adjustment isn’t the end of the bull market. Just now, Goldman Sachs made a call saying the year-end gold price could surge to $4,900. Around $4,300, there are sovereign buyers plus institutional capital providing support on two fronts—this is a very solid bottom. Here, make sure to leave room for the market to shake out.
Technical view: The current market won’t be one-directional. This is the best time to trade swings. I’ve drawn a box range for everyone to look at carefully. The current resistance is first seen at 4,500. If it breaks through in a straight run, keep holding.
Swing trading strategy for “spotting gold”:
Aggressive camp: Enter a long position directly at the current price, and add more at 4,300.
Conservative camp: Wait for the price to gather and enter longs around the 4,300 area.
（For the exact entry points, 👇come to my Binance chat room to get real-time information edge👇The risk-reward ratio is outrageous—so good it’s insane）#XAU #美加关税战升级
This gold adjustment isn’t the end of the bull market. Just now, Goldman Sachs made a call saying the year-end gold price could surge to $4,900. Around $4,300, there are sovereign buyers plus institutional capital providing support on two fronts—this is a very solid bottom. Here, make sure to leave room for the market to shake out.
Technical view: The current market won’t be one-directional. This is the best time to trade swings. I’ve drawn a box range for everyone to look at carefully. The current resistance is first seen at 4,500. If it breaks through in a straight run, keep holding.
Swing trading strategy for “spotting gold”:
Aggressive camp: Enter a long position directly at the current price, and add more at 4,300.
Conservative camp: Wait for the price to gather and enter longs around the 4,300 area.
（For the exact entry points, 👇come to my Binance chat room to get real-time information edge👇The risk-reward ratio is outrageous—so good it’s insane）#XAU #美加关税战升级
