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joined discussion · Aug 7 16:43
$XAU/USD (XAUUSD.CFD)$ Gold surged sharply to a new high—short positions should stop out and retreat; long positions with floating profits should hold.
Long entry at 4263, currently at 4303—up 50 points. Continue holding; swing target remains at 4375.
Long-term entries at 4005/4017, now at 4303—gains of nearly 300 + 280 points. Continue holding.
Bing哥 reiterated that the current headwinds from geopolitical tensions and rate hikes have been fully priced in, and the market is gradually stabilizing, with previous downside pressure now turning into support.
Supported by the dense support zone between 4,300 and 4,280:
Enter long positions at 4,303, targeting 4,333, with a swing target of 4,375.
Nonfarm payroll data is due later tonight; await the release before making further adjustments.
$XAU/USD (XAUUSD.CFD)$ Gold surged sharply to a new high—short positions should stop out and retreat; long positions with floating profits should hold. Long entry at 4263, currently at 4303—up 50 points. Continue holding; swing target remains at 4375. Long-term entries at 4005/4017, now at 4303—gains of nearly 300 + 280 points. Continue holding. Bing Ge reiterates that the current headwinds from geopolitical tensions and rate hikes have been fully priced in, and prices are gradually stabilizing, with prior resistance now turning into support. Supported by the dense support zone at 4300–4280: Enter long at 4303, targeting 4333, with a swing target of 4375. Nonfarm payroll data is due tonight; await the release before making further adjustments.
$XAU/USD (XAUUSD.CFD)$ Gold surged sharply to a new high—short positions should stop out and retreat; long positions with floating profits should hold. Long entry at 4263, currently at 4303—up 50 points. Continue holding; swing target remains at 4375. Long-term entries at 4005/4017, now at 4303—gains of nearly 300 + 280 points. Continue holding. Bing Ge reiterates that the current headwinds from geopolitical tensions and rate hikes have been fully priced in, and prices are gradually stabilizing, with prior resistance now turning into support. Supported by the dense support zone at 4300–4280: Enter long at 4303, targeting 4333, with a swing target of 4375. Nonfarm payroll data is due tonight; await the release before making further adjustments.
$XAU/USD (XAUUSD.CFD)$ Gold surged sharply to a new high—short positions should stop out and retreat; long positions with floating profits should hold. Long entry at 4263, currently at 4303—up 50 points. Continue holding; swing target remains at 4375. Long-term entries at 4005/4017, now at 4303—gains of nearly 300 + 280 points. Continue holding. Bing Ge reiterates that the current headwinds from geopolitical tensions and rate hikes have been fully priced in, and prices are gradually stabilizing, with prior resistance now turning into support. Supported by the dense support zone at 4300–4280: Enter long at 4303, targeting 4333, with a swing target of 4375. Nonfarm payroll data is due tonight; await the release before making further adjustments.
$XAU/USD (XAUUSD.CFD)$ Gold surged sharply to a new high—short positions should stop out and retreat; long positions with floating profits should hold. Long entry at 4263, currently at 4303—up 50 points. Continue holding; swing target remains at 4375. Long-term entries at 4005/4017, now at 4303—gains of nearly 300 + 280 points. Continue holding. Bing Ge reiterates that the current headwinds from geopolitical tensions and rate hikes have been fully priced in, and prices are gradually stabilizing, with prior resistance now turning into support. Supported by the dense support zone at 4300–4280: Enter long at 4303, targeting 4333, with a swing target of 4375. Nonfarm payroll data is due tonight; await the release before making further adjustments.
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