MagicTrader_Manuel

Gold fell back after rising high, short gold with eyes closed

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Dear friends, gold was affected by geopolitical conflicts. Gold once soared to around 2200, which can be described as a desperate counterattack by the bulls. To be honest, the bulls and bears have been in a weak retracement situation recently, and the market is still slightly better than the bears. At present, gold continues to form a counter-draw situation, which I think is a washout move by the market against investors. The 2222 position is still an elusive position, so I think gold's current rebound is mainly around the 2200 integer mark, so I think this position area is an excellent location to place gold short orders.

So judging from the current trend, although gold rebounded to the 2200 mark again with the help of market news, I think it is more of a washout in the market. Therefore, in the face of this extreme market, we must be careful and at the same time be good at seizing trading opportunities. Because the profits obtained in this kind of opportunity will be much better than usual.

So at present, I am very much looking forward to the trend of gold rising and then falling back. Currently, I have participated in short gold trading. Of course, at the right price, you can also consider participating in short gold trading. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
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Although gold rebounded again after falling back, it is currently suppressed by the technology above. I even think it will not be able to break through the 2196-2198 area, so gold will continue to retreat.
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Did you follow my trading signals to short gold in the 2198-2200 area? If you follow my trading signals, you can really make money with your eyes closed
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At present, the lowest level of gold has fallen back below the 2175 position, and has perfectly touched TP2175.
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Gold is currently rebounding slightly. After another rebound, we will look for opportunities to short gold again.

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