Donald-king

Gold has reached a short-term peak, how to trade?

Short
Donald-king Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)

Gold has fluctuated at $20 for three consecutive times and several roller coaster fluctuations. This kind of trend is really difficult to grasp. It is most taboo to chase the rise and fall. However, the overall K-line has peaked and once rebounded to around 2351, but it is still It fell below the support level and reached around 2330. The K-line has come to an end and a fall is inevitable.


The golden four-hour line shows a head-and-shoulders top pattern, and the continuous large negative line entities cover the positive line. The current strength has been reversed downwards.


Trading strategy: short gold 2342, stop loss 2350, target 2300
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The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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Can I go short?
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Gold is at risk of correction in the short term
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Gold short orders are making profit
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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For people with little trading experience, they must know how to take profits
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Comment:
Gold continues to fall
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Gold short orders continue to expand profits
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If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
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