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ゴゴ太郎
08/20/2026 22:57
Release： 08/20/2026 22:57
Update： 08/20/2026 22:57
ゴゴ太郎
Investment style : Day Trade
Investment career : 5-7 years
Investment amount : 50 million - 100 million JPY
My name is Gogo Taro. I am a part-time trader specializing in GOLD (XAUUSD). While working as a company employee, I have practiced rule-based trading for over five years. In the first few years I moved by emotion and incurred losses, but after I committed to "enter with a basis and protect with rules," the results changed. Every day at lunchtime, I post GOLD market analyses. Instead of difficult theory, I keep it simple with "where to enter today." I strive to make the basis understandable even for beginners. Let's build up trades with solid justification together.
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[8/21] "Even at the stretched end, base it on evidence."

Did you feel left behind when you looked at today’s GOLD?
I feel the same. That’s why today I’m thinking with a patient, pullback-based approach.
I have organized the basis for this.

Today's Market Situation


Gold has risen to around $4,536 now, having already broken above yesterday’s high of $4,524. On the hourly chart, the EMA20 (which indicates short-term price movement) remains in an ascending arrangement, and the RSI (an indicator of overbought/oversold) stays around 65 at a consistently high level. In short, the momentum remains strong, and I see the uptrend continuing firmly.

Gogo Taro’s View


This article represents personal analysis and does not constitute investment advice or solicitation. Please make trading decisions at your own risk.

If the upward movement continues without forming a pullback, I view that the trend may continue further. On the other hand, if profit-taking selling emerges from the rise so far and the price is pushed back to around $4,455 at the hourly EMA75, I would aim for a rebound from there. I used to, in such strong uptrends, fixate on the highs and miss pullback opportunities. That’s why now I make a point of waiting for the price to pull back to a solid level before deciding.

Today's Reference Line


※ This is not an entry recommendation

▼ Long (buy on pullback)
Reference zone: $4,450–$4,460 (basis: hourly EMA75)
Reference take-profit line: $4,520 / Reference stop-loss line: $4,430
Expected RR: 2.5

※ These are educational reference values. Please make actual trading decisions on your own.

Important Lines


Support ①: $4,525 (basis: previous day’s high)
Support ②: $4,510 (basis: hourly EMA20)
Support ③: $4,455 (basis: hourly EMA75)
Support ④: $4,450 (basis: previous day’s low)
Hourly EMA200: $4,390 (to be watched as a broad-level support)

One Word for Today


“Ride on with evidence, not just momentum.”

This article represents personal analysis and does not constitute investment advice or solicitation. Please make trading decisions at your own risk.
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