#XAU Here, we opened a long position at 4130 and gave our group members an add-on entry point around 4052.
The market dipped to a low of 4066 before rebounding
🔥
The first take-profit target at 4172 has been reached. The second target is 4268.
Why set a second take-profit target?
As I mentioned in yesterday’s post, 4247 is a key resistance level in gold’s uptrend.
The key is to watch whether price can break through this level decisively. If it does, it could push on toward the second take-profit target.
That’s why I’ve repeatedly reminded everyone in the group to be patient and hold on to their gold long positions!
The market dipped to a low of 4066 before rebounding
🔥
The first take-profit target at 4172 has been reached. The second target is 4268.
Why set a second take-profit target?
As I mentioned in yesterday’s post, 4247 is a key resistance level in gold’s uptrend.
The key is to watch whether price can break through this level decisively. If it does, it could push on toward the second take-profit target.
That’s why I’ve repeatedly reminded everyone in the group to be patient and hold on to their gold long positions!