Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: Consecutive Profit Signals

snapshot

Last week, we initiated a long-term short position above 1990, and this week, we have started reaping profits. As emphasized today, the upward trend is not yet concluded. For short-term trading, consider going long after identifying a valid support level. After testing support at 1965, the market has resumed its upward trajectory, resulting in another profitable signal for us.

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