XAUUSD|Trading strategy for next week!

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đź“ŠAffected by the U.S. non-farm payrolls data that fell short of expectations, gold completed a strong V-shaped reversal, and the weekly level broke through the previous historical high to form an acceleration structure. The current price is running in the 2850-2885 area, showing a high-level oscillation pattern. The daily RSI indicator is blunted in the overbought area, and the MACD red kinetic energy column is released for the second time, indicating that the bulls still have a dominant advantage.

đź“ŠDaily level: 5 consecutive positive lines form a bullish arrangement, but the K-line entity gradually shortens, indicating that the kinetic energy is attenuated, and we need to be vigilant about the need for high-level correction

đź“Š4-hour cycle: MACD top divergence is initially formed, and short-term correction pressure accumulates, but it is not advisable to be bearish too early before the EMA9 moving average (2862) is effectively broken

đź“ŠWave structure: Currently at the end of the main rising wave 3, pay attention to whether 2886 can effectively break through to confirm the extension of the 5th wave, otherwise it will enter the 4th wave correction stage

đź”´Upper resistance level:
-First: 2882-2886
-Second: 2900-2925

🟢Lower support level:
-First: 2852-2855
-Second: 2834-2830

âś…Trading strategy
â–  Aggressive strategy
-Pull back to the 2855-2860 area (daily EMA5) to test long positions, stop loss 2848, target 2882-2900
-It touched near 2885 for the first time to participate in the short-term, with a stop loss of 2892 and a target of 2870-2860.

â–  Robust strategy
-Effectively break through 2886, step back to 2878 to go long, stop loss 2872, target above 2900
-After breaking through 2848 and rebounding from 2855, the backhand position is short, stop loss is 2862, and the target is 2835 area.

đź“›Risk Warning
-Next week, continue to pay attention to the impact of Trump's tariff policy on the US dollar index
-New York gold futures position report shows an increase in commercial short positions, beware of the risk of long profit-taking
-Geopolitical factors continue to provide event-driven support for gold prices

(The above analysis is based on the current market environment, specific operations need to be adjusted in combination with real-time market conditions, and strict risk management is required)

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