AA_Jack

Will gold continue to hit new highs? Or a callback?

Short
AA_Jack Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)


Gold continues to rise in Asian markets. Continuing to the London market. The current price of gold remains at 2261. Combined with the high point ahead, visual inspection shows a double top trend. This is not a good trading position at the moment. Focus on paying attention first. If it breaks through the previous high point and fails to stabilize later, you can sell gold at a high price.

Trade active:
After reaching tp, you can take advantage of the trend and buy gold at a lower price. The location of tp2267
Trade active:
It's indeed the same trend as I expected. The market's short-term support is at 2254-2255, and it is still in a bullish trend.
Trade active:
There is a certain amount of pressure at the 2164 position.
Trade active:
Today, stage trading was carried out while maintaining a narrow range of fluctuations, and the overall profit is still very optimistic.
Comment:
2263 is still a short-term pressure level. In the short term, sell around this position, tp2257-2254
Trade active:
2274-2276 Add more sell orders. TP is set at 2267
Trade closed: target reached:
After reaching the target position, suspend trading and wait for the market to give a clear direction before trading.
Trade active:
The double top structure still exists. Today's trading stage is very profitable, are you the same?

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