Donald-king

Gold made two profits yesterday, how to trade today

Short
Donald-king Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold continues to look at the 2145 line. The K line is a normal rebound, but the overall trend is still bearish. There is still no support below. We continue to be short. The K line is a rebound, definitely not a reversal.




The four-hour golden line is still suppressed by the moving average, and is rubbed against the floor. Even if it rebounds, it is still below the moving average. Moreover, the moving average is obviously bent downward, and the high points are decreasing successively. It is an obvious downward trend, macd energy column Continue to maintain the rhythm below the zero axis, a typical short trend, continue to look at the 2145 line


Trading strategy: short gold 2162, stop loss 2170, target 2100, 2130
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Gold is making huge profits again

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Gold’s trend is in line with my expectations
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In the short term, we will continue to focus on short selling on rallies.

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