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The US market fluctuates at a high level, and long orders fall b

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Gold prices continued to fluctuate at high levels in the early stages of the U.S. trading session on Wednesday (October 8), with the potential for further gains. At the same time, the current price increase has already reached a large extent. Pursuing long positions at the current price is not the best opportunity. Waiting for a pullback to trade long positions at support points, with small stop-loss orders and a large expected profit range, spot gold broke through the $4,000 mark during the day, reaching a record high of $4,049.43 before retreating slightly. The current rise in gold prices is driven by strong safe-haven demand, driven by factors including the U.S. government shutdown, falling Treasury yields, and political turmoil in Europe and Japan.
トレード稼働中
Trend: Upward

Support: Around 4015-20

Resistance: Around 4060.00

Strategy:

Logic: 1. Long position near 20. Stop loss at 4010, take profit around 4060-4090, trailing stop loss 300 pips.
トレード終了: 利益確定目標に到達
Consistent with our analysis, gold successfully reached the 60 position and successfully took profit, and then fell back to 40

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