Donald-king

Gold hits record highs, how to trade it?

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

The two big positive lines on the golden four-hour line directly lifted the roof, breaking out of the historic resistance line of 2195, heading north. The K line also started to exert force from below the moving average, and passed all the way. The moving average moved downwards and the pause button was pressed. Now, the current strong trend has been reversed upward. The big positive line is stepping on the moving average to pull up, and the support level continues to move upward. The K line is not capped at the moment, which is inevitable.



Trading strategy: Gold can be long near 2180
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Today, gold is paying attention to the intensity of adjustments, and gold bulls are being operated after signals of stabilization appear.
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Gold continues to fall and has not yet reached a critical position
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It is often more reasonable to follow a good trading signal than to trade randomly on your own.
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Gold can be shorted with a light position near 2208.If gold falls back to around 2180, you can go long
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Gold short orders are making small profits
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Gold short orders are making profit
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Gold continues to fall, gold short orders are making huge profits
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