Gold price at the last week of Jan 2020 (update)

Hi, everyone. After the FED still keep holding the interest rate at 1.75 last night affected to the gold price was increased.
Anyway, the strategy are still the same as I elaborate to you guys.
The gold price still uptrend please be very carefully for open sell position. Eventually, some trader can make a profit by open sell position for short term trading in gold but it's just only round turn. We should know what are we doing every trade.

Now gold price movement between 1579.4 - 1561 this is accumulate buy zone again. Unfortunately, the break up 1579.4 last night but can not stand at this time it's good opportunity to accumulate buy position before the test go up for test the main resistance at 1594 - 1611.
So, what if you make a profit by open sell at 1579.4 and close nearly 1561-1568? It's doesn't a matter if you know what are you doing! you should know if you do that you are going against the major trend, so put your stop loss every single trade. That fine. The factor that can be negative for gold price today are U.S. economy reports tonight. I surely it's will be good announcement because we saw the sign from the stock market that report a great numeric in financial report by big company.

For someone who has holding buy position below 1550 don't panic when the price correction. Keep still sit in your seat.

Happy week end and welcoming for FEB. Thank you for following
Beyond Technical AnalysisGoldgoldideagoldtradingTrend AnalysisXAUUSD

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